Key Investment Insights
1. Caretaking-only management rights business, no letting or on-site commercial operations required.
2. Located in Parrearra on the Sunshine Coast, offering strong lifestyle appeal with proximity to beaches and outdoor activities.
3. Established, low-maintenance operation providing a reliable, steady income stream.
4. Net profit reported at $193,920, indicating solid financial performance.
5. Remuneration / body corporate salary of $207,396, reflecting total cash benefit to the manager.
6. Historical additional earnings from villa sales averaging over $93,000 per year for the current manager, signaling upsell potential.
7. Return on investment circa 12%, providing attractive investor yield.
8. Managers apartment valued at $840,000, featuring 3 bedrooms, 2 bathrooms, and 2 car spaces, adding substantial asset value.
9. Complex is permanent and comprises 165 units, all owner-occupied, which can imply stable resident community and predictable management requirements.
10. Agreement term is 10 years with approximately 9 years remaining, offering long-term contract security.
11. Business listed as SOLD, confirming recent transaction activity in the asset.
12. Opportunity suited to both experienced operators and newcomers, given structured income, established systems and clear growth avenue via property sales.
Management Rights Multiplier: 3.89
ROI Estimate: 12.16%