Key Investment Insights
AI generated. Confirm details with the seller.
1. Secure 25 year caretaking agreement with 20 years remaining supports continuity for the management rights operation.
2. Consistent body corporate salary of $87,001 includes CPI based annual increases.
3. Reported net profit of $544,878 supports the offering’s income profile.
4. Quality coastal complex comprises 36 units, including 22 in the letting pool and 14 owner occupied.
5. Two bedroom, two bathroom managers’ apartment with one car space is included, valued at $740,000.
6. Defined duties allow practical day to day efficiencies for a hands on operator.
7. Central Hervey Bay location is close to the waterfront, marina, cafes and essential services.
8. Suitable for experienced management rights operators or lifestyle focused buyers seeking dependable income.
Management Rights Multiplier: 4.50
ROI Estimate: 17.07%