Pimpama, Queensland

Unveiling Paradise: Unlock Your Profitable Oasis | Resort Brokers ID : MR007777

Under Contract / Offer

Business Description

Nestled in a hidden paradise, this property offers a tranquil and picturesque setting. Immerse yourself in luxury with premium-quality townhouses boasting elegant designs and upscale finishes.

Enjoy a range of desirable communal facilities, including a pristine swimming pool and a well-appointed community room. Benefit from a robust and reliable income stream, with a strong letting pool and historically low vacancy rates.

Long-term tenure agreements provide stability and security for the discerning investor. Explore endless potential for growth and expansion, with opportunities to increase the letting pool and enhance revenue. Located in a thriving master-planned community, residents enjoy convenient access to amenities, schools, and transportation links.

Immerse yourself in the ultimate investment opportunity, where paradise meets profitability.

- Solid and growing net profit
- Prime location in a thriving community
- Long-term tenure agreements
- Quality townhouses and minimal communal facilities
- Strong rental demand and low vacancy rates
- Nominee and no office hours
- Convenient location and easy access
- Inspections by appointment only

Date updated: 03 Dec 2023 22:00:09

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $463,243 Remuneration / Body Corp Salary: $166,924

Managers Unit

Value of Managers Apartment: $640,000Bedrooms: 4Bathrooms: 3

Complex Information

Complex Type: PermanentTotal Units in Complex: 139Total Units in Letting Pool: 123Holiday Units: 123Owner Occupy Units: 15Agreement Term Remaining: 25 years

Marketing Agent

Nathan Eades

ResortBrokers

Key Investment Insights

1. Strong and growing net profit
2. Prime location in a thriving community
3. Long-term tenure agreements
4. High-quality townhouses and minimal communal facilities
5. Strong rental demand and historically low vacancy rates
6. Nominee and no office hours
7. Convenient location with easy access
8. Inspections by appointment only
9. Managers' unit with a value of $640,000
10. Complex type: Permanent
11. Total units in complex: 139
12. Total units in letting pool: 123
13. Holiday units: 123
14. Owner-occupied units: 15
15. Agreement term remaining: 25 years.

Management Rights Multiplier: 5.60
ROI Estimate: 17.86%