Key Investment Insights
AI generated. Confirm details with the seller.
1. Two adjacent gated complexes offer management rights across 122 units, including 33 in the permanent letting pool.
2. Reported net profit of $354,000, with a total asking price of $3.7 million including two units.
3. Over 70% of income is contractual, supported by approximately $246,500 annual Body Corporate remuneration plus GST and annual CPI reviews.
4. Both agreements have 23 to 24 years remaining, supporting long term operational continuity.
5. No fixed office hours and flexible nominee living arrangements provide operational flexibility.
6. Walking distance to Robina Town Centre, cafes, the train station, Bond University, Robina Hospital and CBUS Stadium.
7. Resident amenities include a large pool, spa, gym, BBQ areas, recreation room and communal grasslands.
8. Maximes refurbishment and repainting are approximately 70% complete, with Colorbond fencing underway.
9. Maximes has completed FTTP connectivity and pool drainage upgrades with automatic top ups, alongside upgraded CCTV and remote access.
10. The existing caretaker can remain if required, supporting staffing continuity.
Management Rights Multiplier: 4.80
ROI Estimate: 9.57%