Key Investment Insights
AI generated. Confirm details with the seller.
1. Huge reduction in price advertised, listing now marked as SOLD.
2. Caretaking role does not require living on-site, allowing remote accommodation.
3. Minimal workload, positioned as suitable for a second income or retirement top-up.
4. Net profit reported at $20,000, indicating modest annual profitability.
5. Remuneration / body corporate salary also $20,000, suggesting predictable cash compensation.
6. Property located in Koala Park, Burleigh Heads, adjacent to Tallebudgera Estuary and Burleigh Beach, offering strong lifestyle and tourist appeal.
7. Short walk to Burleigh Heads bowls club, James Street cafes and restaurants, and Tallebudgera Surf Club, enhancing guest amenity and location desirability.
8. Complex classified as Mixed, with 15 total units, indicating a small-scale operation.
9. Nine owner-occupy units and six outside agent units, implying a majority owner-occupier profile which may affect demand and management dynamics.
10. Agreement module listed as Accommodation with a 20-year term originally, and 12 years remaining, providing medium-term contractual security.
11. Complex features a pool, adding an attractive amenity for residents and guests.