Key Investment Insights
1. Verified net profit $264,445, plus body corporate salary/remuneration of about $104,166, delivering strong combined cashflow.
2. Total asking price $2.25M, structured as $1.25M for Management Rights and $1M for the manager’s unit, manager’s apartment recorded as included at nominal value $1.
3. Long-term security with more than 22 years remaining on accommodation module agreements, providing stable tenure and predictable income.
4. Secure gated community of 70 well maintained townhouses, offering a clear asset base and low common-area management complexity.
5. Healthy letting pool comprising 56 appointments, including 38 onsite rentals and 18 external properties within a 15 kilometre radius, supporting recurring management income and growth potential.
6. Operational simplicity, no pools, lifts, gyms or large common facilities to manage, resulting in lower maintenance burden and streamlined day-to-day operations.
7. Flexible workload with no set office hours, enabling strong lifestyle appeal for owner-operators while maintaining profitability.
8. Manager’s residence recently renovated, three bedrooms, two and a half bathrooms, office on title, secure garaging for two cars and a spacious private courtyard, offering quality separation of home and business.
9. Prime Gold Coast location close to Burleigh Heads Beach, major shopping centres, quality schools, Bond University and public transport, supporting high tenant demand and low vacancy.
10. Tightly held and successfully operated by current owners for over 13 years, indicating proven performance, operational stability and rare market availability.
Management Rights Multiplier: 8.51
ROI Estimate: 11.75%
