Key Investment Insights
1. 25 year management agreement with 22 years remaining, providing long term contract security.
2. High stable Body Corporate salary of $86,138 plus GST with annual CPI increases, representing nearly 100 percent of total income.
3. Net profit reported over $83,010, plus approximately $21,000 in rental income from the manager’s residence, total potential income about $104,000.
4. All inclusive asking price $930,000, sale includes the large two bedroom manager’s villa and the manager’s real estate.
5. Very low operational burden, extremely simple caretaking duties, no pool, no BBQ area, no gate to maintain.
6. No requirement to live onsite, offering lifestyle flexibility and remote management options.
7. No office hours required, reducing time commitment and allowing flexible scheduling.
8. Option to operate as caretaker only, no real estate licence required, lowering regulatory and training costs.
9. Very spacious manager’s villa, two bedrooms, one bathroom, one garage and a large private courtyard, providing valuable rental and personal accommodation income.
10. Separate professional office for exclusive use, supporting administrative functions and tenant engagement.
11. Only two units currently in the letting pool, presenting strong upside to grow the rental roll and earn sales commissions.
12. Location in Redbank Plains, Ipswich, positioned as a rare market opportunity with claimed significant income upside potential.
Management Rights Multiplier: 4.58
ROI Estimate: 21.84%
