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DealProspect/Listings/Hospitality & Tourism

Off-The-Plan Management Rights, Bokarina

Management Rights

ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
~$3,266,892
indicative from comparable listings of this type and size · typically within ±20% · Broker projection · AUD
Revenue (est.)
~$2,184,043
Estimated · comparable listings of this type and size · from broker forecast
Net Profit
$544,482
Indicative · Broker projection
Implied multiple (indicative)
~6.0×
Indicative · asking / forecast earnings (Broker projection)
Brief
  • Business-only off-the-plan permanent management rights in Stockland's Oceanside precinct
  • Two eight-storey buildings comprising 135 apartments with a projected 70+ unit letting pool
  • Brand new 25-year caretaking and letting agreements
  • No apartment purchase required; developer prefers the caretaker to live in
  • Building amenities include heated pool, gym, function room and underground parking
  • Staged completion with Stage 1 and Stage 2 due Q3 2026