Key Investment Insights
Key Insights:
1. Brand new 25 year Management Rights Agreement provides long-term stability and potential for growth.
2. Ultra-convenient central Gold Coast location offers easy access to amenities and attractions.
3. Beautiful residence with privacy, space, and style provides a comfortable living space for the managers.
4. Immaculate compact grounds and pool require minimal maintenance, reducing operating costs for the managers.
5. Outstanding office with separate entry and no office hours allows for a flexible work schedule.
6. Sizeable rental pool with excellent income provides a steady source of revenue for the managers.
7. Supportive Body Corporate and Gallery Vie compliant create a positive and cooperative environment for the managers.
8. Rare gem: The property stands out as a unique and desirable opportunity in the market.
9. Net profit of $182,000 and remuneration/body corp salary of $98,000 provide a strong return on investment for potential buyers.
10. Lovely and private townhouse serves as the managers' residence, offering a comfortable and desirable living space.
11. Permanent complex with 54 units, 28 in the letting pool, and 24 owner-occupied units provides a stable and diverse tenant base.
12. Accommodation agreement module and 25-year term remaining offer security and stability for the managers.
13. On-site amenities such as a pool, BBQ area, and pay TV add value and appeal to tenants.
Management Rights Multiplier: 5.22
ROI Estimate: 19.16%