Key Investment Insights
1. Well-established Management Rights business in a laid-back, beachside setting.
2. Consistent income with low stress and manageable day-to-day duties.
3. 9 units in the letting pool, made up of both holiday and long-term tenants.
4. Agreements secured under the Accommodation Module with 18 years remaining.
5. Manageable caretaking duties including basic garden upkeep and pool maintenance.
6. Tidy and comfortable 2-bedroom, 2-bathroom manager's unit with secure undercover car space.
7. No set office hours, allowing for flexibility and work-life balance.
8. Strong net profits of $180,431 and reliable annual Body Corporate salary of $125,024.
9. Located in a quiet street just moments from cafes, schools, and local amenities.
10. Easy workload, reliable income, and no pressure from rigid operating requirements.
11. Complex has long been a favourite for both guests and residents.
12. Manager's unit valued at $1,100,000.
13. Complex type is resort/holiday with a total of 65 units.
14. 18 years remaining on the agreement term.
Management Rights Multiplier: 4.02
ROI Estimate: 24.89%