Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit of $200,710, supported by a $73,597 Body Corporate salary and recurring letting income.
2. The manager’s residence can generate approximately $31,000 annually, currently leased at $600 per week.
3. Freestanding four bedroom, two bathroom residence offers privacy, space, modern comfort and two car spaces.
4. No office hours are required, with managers attending the complex only one to two days weekly.
5. A dedicated gardener manages lawns, gardens and outdoor maintenance, reducing operational workload.
6. Permanent complex includes 52 units, with 39 in the letting pool and only one lockup unit.
7. Consistent rental enquiry, extremely low vacancy and stable rental rates support dependable letting income.
8. The 25 year agreement has 22 years remaining, providing substantial operating tenure.
9. Flexible setup suits buyers seeking lifestyle freedom, semi retirement or a low maintenance management rights operation.
Management Rights Multiplier: 4.44
ROI Estimate: 12.62%