Key Investment Insights
1. Low-maintenance, lifestyle-focused management rights business with no set office hours, enabling flexible, hands-off operation.
2. Manager’s residence is a rare freestanding 4‑bedroom home valued at $698,000, offering privacy, oversized living and either owner-occupation or rental income.
3. Manager’s residence currently leased at $600 per week, generating approximately $31,000 per year in additional cashflow.
4. Strong financials reported, with net profit of $200,710 and Body Corporate salary of $73,597.
5. Complex supported by a dedicated gardener, significantly reducing labour and day-to-day management time.
6. Current managers attend only 1–2 days per week, demonstrating a proven low-effort operating model.
7. High tenant demand, extremely low vacancy, and stable rental rates; properties are tightly held and highly sought-after.
8. Permanent complex of 52 units, with 39 units in the letting pool, 6 owner-occupy units, 6 outside agent units, and 1 lockup unit.
9. Long-term management agreement in place, 25 years initial term with approximately 22 years remaining, providing revenue security.
10. Suited to first-time operators, semi-retirees or buyers seeking lifestyle freedom with reliable recurring returns; property listed as under contract / offer.
Management Rights Multiplier: 4.44
ROI Estimate: 12.62%