Key Investment Insights
AI generated. Confirm details with the seller.
1. Caretaking only role, indicating limited operational responsibilities relative to full management rights.
2. Net profit and body corporate remuneration reported at $23,800, providing clear current income metrics.
3. Complex consists of 15 units, suggesting a small to medium scale operation.
4. 25 year agreement term with 20 years remaining, offering long-term contractual security.
5. Agreement module listed as accommodation, aligning the caretaking role with residential oversight.
6. Three storey walk-up building, implying no lift and potentially lower maintenance complexity and capital expenditure.
7. On-site pool, adding amenity value for residents and appeal to potential buyers or tenants.
8. Situated within walking distance of the Broadwater, enhancing lifestyle and rental appeal.
9. Excellent local convenience, with easy access to shopping, restaurants and public transport.
10. Proximity to Broadwater recreational facilities, including a children’s playground and family BBQ area, improving family-friendly appeal.
11. Described as an ideal add-on or entry for a new management rights owner, signalling suitability for buyers seeking a low-complexity foothold.
12. Listing marked as SOLD, indicating the sale status at the time of the advertisement.