Key Investment Insights
AI generated. Confirm details with the seller.
1. Prestigious Gold Coast location backing onto parkland, with views and access to the Nerang River.
2. Manager’s unit valued at $1.2 million provides spacious two bedroom, two bathroom accommodation.
3. Net profit and body corporate salary total $133,500, supporting the investment proposition.
4. Permanent complex comprises 68 units under a standard agreement with 10 years remaining.
5. Facilities include pool, spa, sauna, tennis court, barbecue area, function facilities and marina berth.
6. Pet friendly, low rise complex offers private living with convenient access to schools, shopping and restaurants.
7. Manager’s residence includes multiple living areas, open plan kitchen and private leafy courtyard.
8. Two separate body corporates and a stated great salary add operational appeal for prospective managers.
Management Rights Multiplier: 3.18
ROI Estimate: 8.22%