Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime Broadbeach location, highly sought after and rarely offered.
2. Modern 6‑year‑old high‑rise, likely low capital expenditure for building fabric.
3. Minimal facilities limited to lap pool, gym and sauna, enabling a streamlined caretaking workload.
4. Day‑to‑day duties clearly defined: daily pool testing, cleaning foyer, lifts, apartment levels, common areas and gymnasium.
5. Very low gardening requirements, only mowing the front nature strip as needed, no garden beds.
6. Generous Body Corporate remuneration of $119,755, with net profit reported at $115,000.
7. Purchase price $635,000, presenting an advertised 18% ROI.
8. Long security of income via a 19.5 year agreement, Body Corporate salary reviewed annually by CPI.
9. No real estate purchase required and no onsite residency obligation, offering flexibility to maintain current living arrangements or add to an existing business.
10. Flexible, no set office hours; current single operator averages 3–4 hours Monday to Friday and 1–2 hours on weekends, workload potentially reduced by splitting duties between two operators.
11. Simple, easy‑to‑maintain management rights model, suitable for an owner‑operator or small team.
12. Clear investment proposition with defined income, low operational complexity and strong location appeal.
