Key Investment Insights
1. Listed price $900,000 with reported net profit $80,000, indicating a cashflow-producing asset.
2. Manager remuneration/body corp salary $40,000, separate from net profit and providing additional income or value.
3. Managers apartment valued at $820,000, on-title 2 bedroom, 1 bathroom plus office, with one car space.
4. Option to live offsite or rent out the managers unit, providing operational flexibility and potential rental income.
5. Long-term accommodation agreement structure, 25 year term with 21 years remaining, offering contracted revenue visibility.
6. Small to medium-sized permanent complex of 29 units, with 11 units in the letting pool, indicating scale and potential to grow occupancy.
7. Resort-style, waterfront amenities including lakefront pool, expansive lounging areas and BBQ spots, enhancing guest appeal and yield potential.
8. Idyllic water views and spacious outdoor area off the manager’s unit, supporting premium positioning and marketing.
9. Secure basement parking and lift access, contributing to guest convenience and property value.
10. Prime location close to Bond University, Market Square, Robina CBD and Robina shopping centre, supporting year-round demand.
11. Manageable duties and well-maintained secure building, suggesting low operational complexity and stable upkeep.
12. Ability to inspect through listed contact, while buyer verification recommended due to disclaimer on information accuracy.
Management Rights Multiplier: 1.00
ROI Estimate: 8.89%