Key Investment Insights
AI generated. Confirm details with the seller.
1. Dual complex management rights across 122 permanent units, including a combined 33 unit letting pool.
2. Approximately $246,500 annual Body Corporate salary, reviewed against CPI, provides a substantial contractual income base.
3. Over 70% of income is contractual and largely independent of property management income.
4. Both agreements have approximately 23 years remaining, supporting long term operational continuity.
5. Side by side gated communities on a prime corner block create efficient shared operational potential.
6. Facilities include a pool, spa, gym, BBQ areas, recreation room and landscaped common areas.
7. No fixed office hours under either agreement provide flexibility for owner operator or business partner models.
8. Walking distance to Robina Town Centre, train station, Bond University, Robina Hospital and CBUS Stadium.
9. Burleigh Heads and Miami are approximately ten minutes away by location.
10. Improvements include Maximes refurbishment, fencing, FTTP, pool drainage, auto top ups and upgraded security systems.
11. Four bedroom, three bathroom manager’s residence with two car spaces is included in the offering.
12. Flexible nominee living is permitted, while the existing caretaker can remain if required.