Key Investment Insights
1. Permanent management rights for a 66‑lot gated complex, asking price $1,556,751.
2. Strong recurring remuneration, body corporate salary $129,940, reviewed annually by CPI.
3. Reported net profit $137,898, indicating owner income beyond the BC salary.
4. Long agreement term initially 25 years, with 21 years remaining, providing contract stability.
5. Low letting pool exposure, only 6 units in the letting pool and 6 outside agent units, 54 owner‑occupier units.
6. High‑value managers residence on title valued at $950,000, two‑level 3‑bed townhouse with office on title.
7. Managers unit offers 2.5 bathrooms, separate laundry, air‑conditioning, timber floors, private entertaining area and parking for up to four cars including a two‑car garage.
8. Extensive on‑site amenities including pool, spa, sauna, gym, BBQ area, function facilities and WiFi, enhancing resident appeal.
9. Elevated, quiet bushland setting with great views, short drive to reputable schools, beaches and shopping, supporting lifestyle appeal.
10. No set office hours and large home provide operational flexibility and attractive work–life balance for new entrants.
Management Rights Multiplier: 4.40
ROI Estimate: 22.73%