Key Investment Insights
1. Prime location in Mudgeeraba, close to major amenities and facilities.
2. Two complexes with a total of 58 lots, all 3 bedroom units.
3. Recent improvements to the main complex, including landscaping.
4. Spacious and renovated 4 bedroom, 2 bathroom manager's residence.
5. Supportive and proactive body corporate.
6. Suitable for a single person to manage.
7. Urgent sale due to serious family illness.
8. Impressive net profit of $117,000.
9. Manager's apartment valued at $695,000.
10. Permanent complex with 15 units in the letting pool.
11. Long agreement term of 25 years with 21 years remaining.
12. On-site pool for residents to enjoy.
Management Rights Multiplier: 4.30
ROI Estimate: 23.26%