Key Investment Insights
1. Asking price $1,695,000, with net profit $173,532, indicating an established income stream.
2. Generous remuneration and Body Corporate salary $140,880, forming a large portion of total returns.
3. Included managers apartment valued at $995,000, offering significant owner-occupier capital value.
4. Managers unit is four bedrooms, two bathrooms, two car spaces, with an office on title; pets not permitted.
5. Located in gated Peregian Springs on the Sunshine Coast, minutes from the beach, golf course, shops and schools, supporting resident appeal.
6. Small letting pool of 12 units within an 89‑home complex, suggesting limited rental competition and potential for stable occupancy.
7. High owner‑occupancy level, 60 owner‑occupy units, which typically reduces management intensity and tenant turnover.
8. 17 units managed by outside agents, indicating some external competition for letting but majority managed in‑house.
9. Permanent complex with a 25 year agreement originally, 15 years remaining, providing medium‑term contractual security.
10. Described minimal onsite workload and secure letting pool, implying operational ease and lifestyle suitability for incoming manager.
Management Rights Multiplier: 4.03
ROI Estimate: 10.24%
