Prime Investment Opportunity in Award-Winning Beachfront Resort

$2,550,000

Resort / Holiday management rights, Peregian Beach QLD

This Peregian Beach property presents an exceptional investment opportunity in the heart of the Sunshine Coast, offering a unique blend of beachfront luxury and natural serenity. The Retreat is an award-winning resort featuring 21 free-standing, spacious 2-storey beach houses, each designed to provide the ultimate Sunshine Coast holiday experience.
With direct beach access and no roads to cross, guests can enjoy the calming sounds of the ocean and native wildlife from their doorstep. It stands out as a premier destination for families, groups, and individuals seeking a relaxing getaway, promising steady occupancy rates and a robust return on investment.

Perfectly positioned as a gateway to Noosa and the Sunshine Coast's many attractions, guests can immerse themselves in nature with bushwalks through Noosa National Park, observe diverse wildlife, or simply relax on the pristine Peregian Beach.

The manager's residence is a large three-bedroom unit with ocean views, providing a serene and picturesque living environment. The upper level includes a modern kitchen, generous living area and a private balcony to enjoy the coastal breeze. The lower level comprises well-
appointed bedrooms, including a master suite with an ensuite bathroom, additional bedrooms with built-in wardrobes, and a separate full-sized bathroom.
The residence also comes with parking for two cars.
The office is conveniently attached and on title with ample storage ensuring that all operational needs are met efficiently, allowing the manager to focus on delivering exceptional service and maintaining the resort's high standards.

Potential to instantly increase NP by $40k p.a as the current manager outsources all gardening.

Key highlights:
- Unique beach house development
- Sought after location.
- A simple and straight forward business model with excellent systems in place.
- Generous Body corporate salary.
- Long agreements
- Potential to increase nett income

More Information

Financial Overview

Total Purchase Price: $2,550,000
Net Income: $ 315,744 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,100,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 4.6
_{Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.}

Letting Business

Letting Pool: 18
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 1
_{Number of units resided in by their owners.}

Lock Ups: 1
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 21
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 72,969
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 18 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: As per agreements
_{Required Office Hours}

Complex Features: large heated pool, full tennis court, BBQâs, private beach access, secured parking

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 1,100,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: The managers residence at The Retreat is a large three-bedroom unit making it perfect for a family. This spacious two-level home offers filtered ocean views, providing a serene and picturesque living environment. The residence features ample living space, ensuring comfort and functionality for the manager and their family. With parking for two cars, convenience is assured. The upper level includes a modern kitchen, a generous living area, and a private balcony to enjoy the coastal breeze. The lower level comprises well-appointed bedrooms, including a master suite with an ensuite bathroom, additional bedrooms with built-in wardrobes, and a separate full-sized bathroom.