Key Investment Insights
1. Caretaking-only management rights business in Parrearra, Sunshine Coast, positioned as low-maintenance with a steady income stream.
2. Net profit reported at $193,920, with total remuneration/body corporate salary of $207,396.
3. Return on investment circa 12%.
4. Proven ancillary income from villa sales, averaging over $93,000 annually for the current manager over the past three years.
5. Managers apartment valued at $840,000, featuring three bedrooms, two bathrooms and two car spaces.
6. Permanent complex comprising 165 units, all owner-occupy, indicating owner stability and limited rental turnover.
7. Management agreement is a 10-year term with approximately nine years remaining, providing long-term contract security.
8. Prime coastal location offering lifestyle appeal, with easy access to beaches, parks, outdoor activities and vibrant local communities.
9. Well-established, thriving operation suitable for both experienced operators and newcomers to management rights.
10. Business framed as providing strong work-life balance, facilitating a relaxed Sunshine Coast lifestyle while managing operations.
11. Listing status under contract/offer, signalling market interest and potential limited availability.
Management Rights Multiplier: 3.89
ROI Estimate: 25.68%