Key Investment Insights
AI generated. Confirm details with the seller.
1. Dual building portfolio comprising 94 permanent residential lots across two modern premium developments.
2. Reported net profit of $217,680, supported by $110,000 remuneration or body corporate salary.
3. Supervisory agreements outsource cleaning and gardening, reducing direct labour and wage exposure.
4. Operational focus centres on governance, committee engagement, letting performance and strategic asset optimisation.
5. Two exclusive use ground floor offices provide professional onsite facilities without mandated office hours.
6. Strong owner occupier representation supports stable community dynamics and reduced tenant turnover.
7. Recently approved top ups received overwhelming stakeholder support, evidencing strong committee and lot owner relationships.
8. Twenty nine apartments are currently in the letting pool, with seven additional lots managed by outside agents.
9. Opportunity exists to tender for currently supervised duties and pursue additional letting management.
10. No real estate purchase is required, supporting capital efficiency and preserving borrowing capacity for future acquisitions.
11. Resort style podium amenities and contemporary finishes reinforce the developments’ premium residential positioning.
12. Long 25 year agreements have 25 years remaining across the portfolio.