Key Investment Insights
1. Prime location in the heart of Broadbeach, a highly sought-after area on the Gold Coast.
2. Low-maintenance business with manageable caretaking duties.
3. 23 years remaining on agreements for long-term stability and security.
4. Modern and renovated two-bedroom, two-bathroom manager's residence with attached office.
5. Net profit of $179,068, providing a strong return on investment.
6. Supportive and helpful Body Corporate committee.
7. 29 units in the building with 10 in the letting pool, providing potential for growth.
8. Flexible work schedule with no set office hours.
9. Opportunity to live and work in a beautiful and desirable location.
10. Inspections by appointment only, ensuring privacy and exclusivity.
Management Rights Multiplier: 4.50
ROI Estimate: 22.23%