Key Investment Insights
1. Exceptional body corporate salary of $209,952 + GST, representing more than 70% of total income, with annual CPI increases ensuring indexed revenue growth.
2. High net profit of $290,110, indicating strong cashflow from operations.
3. Asking price $2,500,000 inclusive of manager’s real estate, implying an approximate net profit yield of about 11.6%.
4. 25-year long-term management agreement with more than 22 years remaining, providing long-term contractual security.
5. All permanent rentals with a very small letting pool of only 28 units, reducing vacancy and management turnover risk.
6. Multiple additional income streams presently in place, described as having strong growth potential.
7. Modern two-level 3 bedroom townhouse included, featuring 2.5 bathrooms, double garage, air-conditioning, and private courtyard, enhancing onsite accommodation/appeal.
8. Spacious professional office on title, simplifying business operations and adding tangible asset value.
9. Located in Robina on the Gold Coast, a desirable market with lifestyle and convenience appeal.
10. Established, attractive complex environment, supporting resident satisfaction and long-term occupancy.
Management Rights Multiplier: 4.96
ROI Estimate: 11.60%
