Key Investment Insights
1. Gated complex offering enhanced security and a marketable secure living experience, positioned as a key selling point.
2. Prime Southport location close to Australia Fair Shopping Centre, Southport TAFE, the Broadwater and Ferry Road Markets, boosting tenant appeal.
3. Excellent proximity to major education and health hubs, including TSS, St Hilda's, a short light rail ride to Griffith University and Gold Coast Hospital, supporting stable demand.
4. On-site amenities include an outdoor pool and secure underground lock-up garage parking, adding rental and lifestyle value.
5. Manager’s residence is a 2-bedroom, 2-bathroom unit with lounge, dining area and fully equipped kitchen, enabling on-site management.
6. Adjoining on-title office attached to the manager’s unit, providing convenient workspace and operational flexibility.
7. Two secure underground parking lots allocated to the manager’s unit, reducing parking constraints and increasing utility.
8. Operational flexibility with no fixed office hours, long-term agreements and ability to appoint a nominee, facilitating varied management arrangements.
9. Business is single-person manageable, suitable for a couple where one partner remains externally employed, lowering labour requirements.
10. Positioned as suitable for first-time operators, indicating relatively straightforward operations and entry-level investment potential.
11. Listing emphasises future planning potential, suggesting opportunity for value-add or long-term income growth.
12. Images may not depict this complex and seller disclaims accuracy, signalling the need for purchaser due diligence.
Management Rights Multiplier: 4.00
ROI Estimate: 25.00%
