Key Investment Insights
AI generated. Confirm details with the seller.
1. $303,878 net profit, supported by approximately $210,000 in Body Corporate remuneration comprising around 70% of total income.
2. Management Rights agreements have approximately 22 years remaining, providing substantial contracted income tenure.
3. The permanent management model offers recurring income without holiday letting’s higher staffing and operational demands.
4. The 93 residence complex is fully occupied, with 64 owner occupied units and strong rental demand.
5. The established letting portfolio includes 24 onsite permanent units and three external properties.
6. Flexible residency arrangements may allow management through an approved nominee or representative rather than personal onsite residence.
7. The offering includes a three bedroom, two bathroom manager’s residence with double garage.
8. A dedicated on title management office provides an established operational base.
9. Located in Robina, the business offers a Gold Coast asset with an established residential setting.
10. The predominantly owner occupied development supports a stable residential environment.
11. Annual Body Corporate remuneration reviews occur each May in line with CPI.
Management Rights Multiplier: 4.77
ROI Estimate: 12.16%