Key Investment Insights
AI generated. Confirm details with the seller.
1. Highly profitable boutique complex located in a high demand suburb on the Gold Coast.
2. Easy to run with low maintenance requirements.
3. Strong tenant interest and high occupancy rates.
4. Entertainment deck with BBQ and pool, secure off-street parking, and landscaped gardens.
5. Potential for additional income through renting out the manager's unit.
6. Excellent working relationship with the body corporate.
7. Long-term accommodation agreement with 22 years remaining.
8. Dedicated office space onsite.
9. Includes 26 units in the letting pool and potential for growth with 9 outside agent units.
10. Manager currently lives off-site, providing flexibility for the new owner.
11. Strong net profit of $97,000 per year.
12. Remuneration/body corporate salary of $43,200.
13. Managers unit includes 2 bedrooms, 1 bathroom, and 2 car spaces.
14. Permanent complex type with a total of 34 units.
15. Ideal opportunity for an owner-operator or couple looking for a profitable and low maintenance business.