Key Investment Insights
1. Permanent management rights for a 66‑lot gated complex, agreement term 25 years with 21 years remaining.
2. Strong financials, body corporate salary $129,940, net profit $137,898, salary reviewed annually to CPI.
3. Managers apartment included, valued at $950,000, 3 bedrooms, two‑level townhouse with private entertaining area.
4. Manager’s residence offers significant space, 2.5 bathrooms noted in description, separate laundry, timber floors, air‑conditioning.
5. Substantial on‑site office, listed as on title, enabling integrated management operations.
6. Low letting pool exposure, only 6 units in letting pool, 54 owner‑occupied units and 6 outside agent units, indicating stable owner community.
7. Comprehensive resident amenities, including pool, spa, sauna, gym, BBQ area, function facilities and on‑site WiFi.
8. Elevated bushland setting with scenic Gold Coast views, described as peaceful and quiet.
9. Convenient location, short drive to quality schools, beaches and shopping, enhancing tenant and owner appeal.
10. Generous parking for managers, space for up to 4 cars including a 2‑car garage, plus exclusive storage areas.
11. Opportunity suited to buyers new to the industry, highlighted by good income and no set office hours.
12. Long agreement module for accommodation and established operational structure, supporting continuity of income and management.
Management Rights Multiplier: 4.40
ROI Estimate: 8.86%