Key Investment Insights
1. Net profit approximately $323,534, supported by a substantial CPI-linked Body Corporate salary of $282,346.
2. Total asking price $2.295M, split MR $1.095M and managers unit $1.2M.
3. Stand-alone 2-component Management Rights business servicing a 90-apartment complex.
4. Letting pool comprises mid-20s permanent rentals, reported as 26–28 units, indicating modest letting scale relative to total stock.
5. Long agreement term of 25 years, with over 15 years remaining, providing tenure stability and predictable future revenue.
6. Minimal operating hours and no set office hours, describing a low-maintenance, efficient operating model.
7. Freestanding Sunland-built manager’s residence on title, valued at $1.2M, featuring 3 bedrooms, 2 bathrooms, 4 car spaces, and a purpose-built on-title office.
8. Resort-style complex amenities including pool, spa, gym, BBQ area, and residents’ lounge, enhancing resident appeal and rental demand.
9. Strong location benefits near Westfield Robina, Bond University, Robina Train Station, and the M1 Motorway, supporting consistent rental demand.
10. High owner-occupier concentration with 71 owner-occupy units, suggesting stable community dynamics and lower tenant turnover.
Management Rights Multiplier: 3.38
ROI Estimate: 14.10%