Key Investment Insights
AI generated. Confirm details with the seller.
1. Verified net profit of $264,445, supplemented by approximately $104,166 in body corporate salary.
2. More than 22 years remaining on accommodation module agreements provides substantial tenure security.
3. Established and tightly held by the current owners for over 13 years.
4. Permanent complex comprises 70 well maintained townhouse residences within a secure gated community.
5. Straightforward operation without pools, lifts, gyms or large common property facilities to manage.
6. No set office hours support operational flexibility and an attractive lifestyle.
7. Renovated three bedroom, two and a half bathroom manager’s residence includes office, secure garaging and private courtyard.
8. Letting operations include 38 onsite rentals and 18 external properties within a 15 kilometre radius.
9. Positioned near Burleigh Heads Beach, major shopping centres, quality schools, Bond University and public transport.
10. Proximity to amenities and reported low vacancy levels support ongoing tenant demand.
Management Rights Multiplier: 7.56
ROI Estimate: 13.24%