Key Investment Insights
1. 25% return on business investment, indicating strong yield for purchaser.
2. Net profit $115,000, providing a clear earnings base.
3. Asking price $1,505,000, described as priced to sell with a multiplier of less than four.
4. Caretaking-only model with no letting pool and no fixed office hours, suited to a relaxed, lifestyle-focused operator.
5. Body Corporate salary of $121k, reviewed annually to CPI, giving predictable income escalation.
6. Easily operated by a single person or couple, supporting low labour requirements and simple operations.
7. Supportive, cooperative Body Corporate with a proven history of regular agreement top-ups, reducing income risk.
8. Manager’s freestanding residence offers three bedrooms, two bathrooms, a separate office and private alfresco, enhancing owner amenity and value.
9. Manager’s residence includes significant on-site parking for multiple vehicles, and a large office with separate entrance, aiding convenience and potential dual use.
10. Complex of 73 units within a secure gated estate set in leafy parklands, with a central pool and BBQ area, delivering strong lifestyle appeal.
11. Prime Mudgeeraba location, close to quality public and private schools, Robina Town Centre, golf courses, hospitals, public transport and Gold Coast beaches.
12. Opportunity to generate additional income via sales within the complex, creating upside beyond the base caretaking remuneration.
Management Rights Multiplier: 3.96
ROI Estimate: 7.64%