Key Investment Insights
AI generated. Confirm details with the seller.
1. Management rights opportunity in prestigious Peregian Springs, with a secure letting pool and minimal onsite workload.
2. Generous Body Corporate salary of $140,880 supports the operation, alongside reported net profit of $173,532.
3. Includes a four bedroom, two bathroom managers apartment valued at $995,000, with two car spaces and office on title.
4. Gated permanent residential community of 89 homes, including 12 letting pool properties and 60 owner occupied units.
5. Prime lifestyle location minutes from the beach, golf course, shops and schools.
6. Long 25 year agreement has 15 years remaining, providing tenure visibility for the incoming manager.
7. The complex includes 17 properties managed by an outside agent, indicating an existing broader rental management presence.
Management Rights Multiplier: 4.03
ROI Estimate: 10.24%