Key Investment Insights
1. High-performing management rights business located in a rapidly growing suburb of the Gold Coast.
2. Modern medium-rise complex with 72 stylish apartments, offering a mix of one, two, and three-bedroom residences.
3. 21 years remaining on the accommodation module agreement, providing long-term security and strong operational continuity.
4. 53 units in the letting pool, providing robust income potential.
5. Net profit exceeds $205,000 annually, with a CPI-linked body corporate salary of $75,816.
6. No set office hours, offering the manager maximum autonomy and lifestyle flexibility.
7. Generous two-bedroom manager's unit with air-conditioning, well-appointed kitchen, private patio, and ample storage.
8. Detached manager's office on title, providing additional value and operational convenience.
9. Prime location just a three-minute walk from Helensvale Plaza, Westfield Shopping Centre, and the Gold Coast's only train and light rail interchange.
10. Easy access to major highways and public transportation, making it ideal for professionals, families, and commuters.
11. Low-maintenance complex with minimal shared facilities and built-in surveillance cameras for resident security.
12. Rare combination of lifestyle, security, income, and future growth.
13. Suitable for both experienced operators and newcomers seeking a high-quality management rights business.
14. Total price of $2.040 million includes the management rights business and the manager's unit.
15. Permanent complex with a 25-year agreement term and 21 years remaining.
Management Rights Multiplier: 5.60
ROI Estimate: 17.85%