Key Investment Insights
AI generated. Confirm details with the seller.
1. Verified net profit of $264,445 plus approximately $104,166 body corporate salary provides substantial recurring income.
2. More than 22 years remain on accommodation module agreements, supporting long term tenure and operational security.
3. Established for over 13 years under current ownership, demonstrating proven operational continuity.
4. The gated complex contains 70 well maintained townhouse residences and a healthy letting pool of 56 appointments.
5. Straightforward management is supported by no pools, lifts, gyms or large common property facilities.
6. No set office hours provide operational flexibility and potential lifestyle benefits for incoming owners.
7. The renovated manager’s residence includes three bedrooms, two and a half bathrooms, an office, secure garaging and private courtyard.
8. The residence is positioned close to Burleigh Heads Beach, shopping centres, schools, Bond University and public transport.
9. The letting portfolio includes 38 onsite rentals and 18 external properties within a 15 kilometre radius.
10. The business offers scope to build on its existing external and onsite letting portfolio, subject to purchaser strategy and market conditions.
Management Rights Multiplier: 7.56
ROI Estimate: 13.24%