Key Investment Insights
1. Long-term agreement in place, 25-year term with 23 years remaining, providing ownership security and predictable tenure.
2. Strong financials, net profit $190,804, plus remuneration/Body Corporate salary $58,724.
3. Transparent pricing, management rights $562,000 and manager’s unit valued at $890,000, total $1.452 million.
4. Prime Gold Coast location, minutes’ walk to Rainbow Bay beaches and the Twin Towns entertainment complex.
5. High tourist appeal, resort/holiday complex with one of the area’s standout entertainment-style pool zones that encourages repeat stays.
6. Established and stable letting pool, 36 total units with 18 in the letting pool, 11 owner-occupied units and 4 outside-agent units.
7. Low operational intensity, described as a low-stress business with minimal day-to-day requirements, suitable for single operators.
8. Flexible working arrangements, no Body Corporate set office hours on the agreement, allowing owners to set their own schedule.
9. Functional and secure manager setup, two-bedroom two-bathroom residence connects directly to the office, monitored by security cameras.
10. Manager’s unit offers strong lifestyle benefits, pet-friendly, two car spaces, and secure undercover parking for convenience.
11. Good upside from repeat clientele and a solid letting pool, supporting reliable income and lifestyle flexibility.
12. Well-presented complex in immaculate condition, enhancing guest satisfaction and long-term asset appeal.
Management Rights Multiplier: 2.95
ROI Estimate: 13.14%