Key Investment Insights
1. Verified net profit of $264,445, indicating strong current financial performance.
2. Over 22 years remaining on the Accommodation Module agreements, providing long-term contract security.
3. No requirement to live onsite, offering owner flexibility and the option to lease the manager's residence for extra income.
4. Secure, gated complex of 70 well-maintained townhouses, supporting asset preservation and resident appeal.
5. Established letting portfolio of 56 appointments, comprising 38 onsite rentals and 18 external properties within a 15 kilometre radius, demonstrating diversified income streams.
6. Low-maintenance operation due to absence of a swimming pool, lifts, gymnasium and extensive common property facilities, enabling efficient day-to-day management.
7. Beautifully renovated three-bedroom townhouse included in the sale, with contemporary finishes, open-plan living, modern kitchen, private outdoor entertaining area and secure parking, adding asset value and leasing potential.
8. Current owners held the business for more than 13 years, implying operational stability and transferable institutional knowledge.
9. Location on the Gold Coast, described as premium and sought-after, supporting strong rental demand and capitalisation prospects.
10. Straightforward, manageable workload and proven profitability make the business suitable for owner-operators or absentee ownership with property management arrangements.
Management Rights Multiplier: 3.77
ROI Estimate: 13.24%