Key Investment Insights
AI generated. Confirm details with the seller.
1. Sale structure priced at $850,000 split as $550,000 for management rights and $300,000 for the manager’s unit, manager’s unit value stated as $300,000.
2. Strong financials, with adjusted net profit $198,736 and Body Corporate salary $127,536.
3. High reported ROI of 23.3% based on listed adjusted net profit.
4. Long term accommodation agreement originally 25 years, with 19 years remaining, providing contract stability.
5. Large complex scale, 81 total units, with a 40-unit letting pool offering meaningful revenue potential.
6. Letting mix includes 16 owner occupied units and 25 units managed by outside agents, indicating opportunities to grow the letting pool.
7. Manager’s residence is a standalone three bedroom, two bathroom villa with separate reception/office and private entry, supporting on-site management and privacy.
8. Manager’s residence features practical amenities including double garage, open plan living, modern kitchen, ducted air conditioning and outdoor yard and patio.
9. Prime local positioning, 500 metres from Clermont CBD and golf course, enhancing appeal to short and medium stay visitors.
10. Clermont location is a regional hub for coal mining and agriculture, offering stable demand drivers and a strong community lifestyle; vendor is highly negotiable, signalling potential for a favourable deal.
Management Rights Multiplier: 4,291.41
ROI Estimate: 0.02%