Key Investment Insights
1. Prime location on the Gold Coast Highway with minimal duties and substantial income potential.
2. Low-stress, maintenance-light experience with no pool or gardening responsibilities.
3. Mixed-use complex with 28 units, including 17 in the letting pool (9 permanent and 8 short-term).
4. Manager's spacious 2-bedroom, 2-bathroom unit with two car spaces offered at $950,000.
5. Management rights available at $725,000, for a total price of $1,675,000.
6. Solid Body Corporate salary of $67,000 and impressive net profit of $162,026.
7. Ideal for both experienced operators and those seeking an entry-level opportunity.
8. 20 years remaining on the agreement, providing long-term stability and security.
9. No office hours, allowing for flexible time management.
10. Council handles waste collection and residents take care of their own disposal, reducing responsibilities.
Management Rights Multiplier: 4.47
ROI Estimate: 22.35%