Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit of approximately $160,000, supported by a body corporate salary of about $107,000.
2. More than 70% of total income comes from contractual salary, reviewed annually against CPI.
3. Approximately 24 years remain on the agreements, providing long term operational certainty.
4. Established permanent letting pool of 17 units within a 58 unit complex, with potential to grow.
5. No set office hours and nominee arrangements permitted, supporting flexible management structures.
6. Robina corner location offers convenient access to schools, shopping and transport links.
7. Secure gated complex includes CCTV and lock up carport or garage style parking.
8. Resident facilities include a pool, spa, gym, sauna, BBQ areas and solar.
9. Spacious three bedroom, two and a half bathroom managers townhouse with lock up carport.
10. Adjacent complex is also available, offering an option to pursue additional scale.
Management Rights Multiplier: 5.19
ROI Estimate: 8.74%