Key Investment Insights
- The complex is located in a highly desirable lakeside suburb of the Gold Coast, offering waterfront views and a relaxed lifestyle.
- The management rights business is flexible, with no set office hours required, allowing for a good work-life balance.
- The complex is strategically located in a high-demand rental suburb, providing a steady stream of potential tenants.
- There is significant potential for revenue growth through rent increases, as the current rents are below market value.
- The manager's residence is exceptional, with three bedrooms, three bathrooms, and four car spaces, providing comfortable living for the manager.
- The estate amenities, including a pool, spa, tennis court, and BBQ areas, are complemented by the waterfront views, making it an attractive place for tenants to live.
- Inspections are by appointment only, ensuring privacy and exclusivity for the residents.
Management Rights Multiplier: 3.97
ROI Estimate: 25.16%