Key Investment Insights
1. Low-maintenance management rights model, no office hours required, designed for lifestyle flexibility.
2. Manager’s residence is a rare freestanding 4‑bedroom house, oversized layout, high privacy and modern comfort.
3. Manager’s unit valued at $698,000, can be owner-occupied or leased to generate additional rental income; current owners rent it out.
4. Strong financials, total asking price MR $892k plus unit $698k equals $1.59M, reported net profit $180,000.
5. Reliable recurring remuneration from body corporate salary of $73,597, providing stable baseline income.
6. High occupancy and demand, consistent flow of rental enquiries, zero vacancy history and strong, stable rental rates.
7. Large complex scale, 52 total units with 40 units in the letting pool, supporting meaningful management revenue.
8. Long agreement term, 25 years originally with 22 years remaining, offering contract stability.
9. Outsourced major labour component with a dedicated gardener, reducing day-to-day operational workload.
10. Current managers attend the complex only 1–2 days per week, demonstrating very low time commitment needed to operate.
11. Tightly held, high-demand market profile, making the letting pool secure and resistant to turnover.
Management Rights Multiplier: 4.96
ROI Estimate: 20.18%