Key Investment Insights
1. Prime location just 100 meters from the Broadwater, offering a balanced work/life lifestyle.
2. Close proximity to major shopping centers, top educational institutions, and popular coastal attractions.
3. Vibrant and relaxed waterside lifestyle in the suburb of Labrador.
4. Low-maintenance tropical gardens and easy-care surroundings.
5. Potential to boost annual net income through managing 10 units currently managed by external agents.
6. Cozy 2-bedroom, 1-bathroom manager's unit with a private covered courtyard.
7. Flexible working hours with no set schedule.
8. Spacious "on-title" office with ample storage and separate work areas.
9. Secure complex with front gate entry and underground parking.
10. Positive relationship with body corporate and long-term tenants.
11. Specializing in management rights, motels, hotels, pubs, and parks.
12. Total price of $650,000 for both management rights and unit.
13. Net profit of $54,748 and remuneration/body corp salary of $47,685.
14. Permanent complex with 28 units, 6 in the letting pool, and 12 owner-occupied units.
15. 25-year agreement term with 20 years remaining.
Management Rights Multiplier: 1.83
ROI Estimate: 54.75%