Key Investment Insights
AI generated. Confirm details with the seller.
1. Established permanent management rights business with 20 years of continuous ownership, owner retiring and listing now.
2. Prime Southport location within easy walking distance to public transport, light rail, shopping, dining and entertainment, increasing tenant and investor appeal.
3. Low-maintenance, simple operation suited to a single operator or a couple, with flexibility for one partner to work externally.
4. Separate office on title included, supporting professional on-site management and compliance.
5. Spacious manager’s residence of 218m² including outdoor areas, featuring 3 bedrooms, 2 bathrooms, 2 living areas, 2 large balconies and 2 secure underground car spaces.
6. Manageable-size complex of 56 units, with only 18 currently in the letting pool, offering clear scope to increase managed income.
7. Stable financial performance, with a Body Corporate salary of $91,990 and net profit of approximately $116,000 per annum.
8. Demonstrable upside through expanding the letting pool, creating a straightforward growth pathway.
9. Flexible, no fixed office hours business model that supports work–life balance for operators.
10. Positioned as a tightly held, rarely offered asset in a high-demand rental precinct, appealing to first-time buyers or operators looking to scale down without sacrificing income.