Key Investment Insights
1. Secure body corporate salary of $201,556 plus GST, comprising the majority of total income, with annual CPI increases.
2. High net profit of $291,148, indicating strong immediate cashflow relative to asking price.
3. Long-term 25-year management agreement, with more than 22 years remaining, providing contract stability.
4. All permanent rentals, reducing turnover and operational variability; very small letting pool of only 25 units.
5. Multiple additional income streams are identified, with stated strong growth potential.
6. Total asking price $2,500,000, inclusive of managers real estate, aligning asset and business sale.
7. Modern two-level manager’s townhouse included, three bedrooms, 2.5 bathrooms, two car spaces, air-conditioning, and private courtyard.
8. Spacious professional office on title, enabling on-site administration and potential rental or resale value.
9. Located on the Gold Coast, described as a wonderful location with established environment and strong lifestyle appeal.
10. Transaction marketed as an ideal blend of lifestyle and secure income, suitable for buyers seeking turnkey management rights with residence included.
Management Rights Multiplier: 5.53
ROI Estimate: 18.08%