Key Investment Insights
1. Premium asking price $1,695,000 for a management rights package with a high-value managers apartment valued at $995,000.
2. Clear earnings profile, with reported net profit $173,532 plus a Body Corporate salary/remuneration of $140,880.
3. Managers unit is a large 4 bedroom, 2 bathroom residence with 2 car spaces and an office on title, offering substantial private accommodation and workspace.
4. Located in gated Peregian Springs estate on the Sunshine Coast, minutes from the beach, golf course, shops and schools, supporting lifestyle appeal and tenant demand.
5. Complex comprises 89 well-maintained homes, indicating scale and community size for ongoing management.
6. Letting pool is small at 12 units, presenting a clear opportunity to increase rental income if additional owners convert to the pool.
7. High owner-occupancy of 60 units suggests a stable, residential community with potentially lower tenant turnover and management issues.
8. 17 units managed by outside agents indicates some local competition but also potential to convert those units to the managers’ pool over time.
9. Permanent complex type with a 25-year agreement and 15 years remaining provides long-term contractual security for the incoming manager.
10. Advertisement cites a secure letting pool, generous Body Corporate salary and minimal onsite workload, implying lower operational intensity and attractive work–life balance.
Management Rights Multiplier: 4.03
ROI Estimate: 10.24%
