Key Investment Insights
AI generated. Confirm details with the seller.
1. Established permanent management rights business with approximately $142,000 2025/26 cash net profit.
2. Approximately $92,562 annual Body Corporate remuneration supports recurring, contract backed income.
3. Approximately 23 years remain on 25 year agreements, providing substantial tenure and operational security.
4. Manageable 49 residence complex with 17 apartments currently in the letting pool.
5. Five externally managed apartments provide identified organic growth potential within the complex.
6. No express onsite residence requirement, fixed office hours or requirement to remain stationed in an office.
7. Duties may be performed by delegates or employees, supporting operational flexibility for couples, families or add on operators.
8. Prime Benowa location near Pindara Private Hospital, established schools, major retail and commercial precincts.
9. Managers’ residence included, valued at $1.1 million, with four bedrooms, two bathrooms and four car spaces.
10. Unit rents of approximately $900 weekly support the permanent letting proposition.
11. Portfolio has been under current management for 12 years, demonstrating established operational continuity.
Management Rights Multiplier: 3.45
ROI Estimate: 8.93%