Key Investment Insights
1. Offered price $2.295M, comprising Management Rights $1.095M and manager’s unit $1.2M.
2. Strong net profit approximately $365,000, signalling healthy operating cashflow.
3. CPI-linked Body Corporate salary approximately $285,556 plus GST, providing stable, indexed remuneration.
4. Long-term contract security, 25-year agreement with over 15 years remaining, supporting predictable income.
5. Stand-alone Management Rights for a 90-unit residential complex, providing clear operational boundaries.
6. Letting pool of roughly 26–28 permanent rental units, supplying steady rental management income.
7. Low-maintenance, efficient operation with no set office hours and minimal operating hours, suiting an experienced operator or motivated newcomer.
8. Manager’s freestanding Sunland-built residence on title, high-quality construction, light-filled layout and a purpose-built on-title office, delivering lifestyle and professional accommodation.
9. Resort-style onsite amenities including swimming pool, spa, gym, BBQ area and residents’ lounge, enhancing resident satisfaction and retention.
10. Prime Glades precinct location in Robina, close to Westfield Robina, Bond University, Robina Train Station and the M1 Motorway, supporting consistent rental demand.
11. High owner-occupier ratio with 71 owner-occupy units, indicating a stable, community-focused complex.
12. Described as a blue-chip opportunity with a strong platform for
Management Rights Multiplier: 3.00
ROI Estimate: 33.33%