Key Investment Insights
AI generated. Confirm details with the seller.
1. Caretaking only management rights, minimal operational complexity and ideal as a bolt on for an existing operator.
2. No requirement to reside onsite, enabling remote management or integration into a broader portfolio.
3. Location on the Broadwater within a gated complex, offering waterfront appeal and scarcity in a tightly held area.
4. Small, well-maintained complex of 26 modern townhouses, approximately 10 years old, fully occupied by long-term permanent residents.
5. Stable and straightforward management environment driven by full long-term occupancy.
6. Most common area maintenance supported through an adjacent partner scheme, meaning minimal on-title facilities or grounds to maintain.
7. Option to acquire three existing letting appointments, providing an immediate pathway to supplementary income via management commissions and letting fees.
8. Financial snapshot shows net profit of $40,197, with remuneration/body corporate salary of $33,472.
9. Agreement structure comprises a 25 year term, with 14 years remaining, delivering medium-term contractual security.
10. Low operational overheads and high flexibility, suitable for operators seeking secure income with limited day-to-day demands.
11. Rare, streamlined opportunity in a desirable Broadwater location with clear potential for modest growth through added letting appointments.