Key Investment Insights
1. Permanent management rights for a 78-unit complex in Beaudesert, Scenic Rim, offering a stable ownership model.
2. 66 units in the letting pool, plus 18 external lets included in net profit, indicating strong income diversification.
3. Net profit of $341,429, with a Body Corporate salary of $120,822 and annual CPI review, providing clear, recurring remuneration.
4. Long agreement structure, 25-year term with 22 years remaining, offering significant long-term security for incoming managers.
5. Managers residence is a high-value freestanding 4-bedroom, 2.5-bath home valued at $630,000, with office on title and 4 car spaces.
6. No set office hours and described as an easy workload, supporting flexible lifestyle or owner-operator convenience.
7. On-site amenities include a pool and gym, enhancing letting appeal and resident satisfaction.
8. Location appeal includes peaceful country lifestyle, proximity to a golf course, and just over one hour to Gold Coast beaches and Brisbane City.
9. Market fundamentals show strong rental demand locally, supporting high occupancy rates and stable income.
10. Property listed at $2,045,000 with vendor motivated and all offers welcome, signalling potential negotiation room.
11. Complex composition includes 8 owner-occupy units and 2 outside agent units, suggesting limited external agent competition.
12. Agreement module is accommodation, aligning operations with established short-stay or long-term letting frameworks.
Management Rights Multiplier: 4.14
ROI Estimate: 24.13%