Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime location within the Gold Coast's CBD, with stunning views of the Broadwater.
2. Short walking distance to the Broadwater, Southport business center, Australia Fair, Chinatown, and light rail stations.
3. Convenient access to the M1 with bus stops only 150 meters away.
4. Low maintenance building with quality tenants and potential for a great lifestyle for the onsite manager.
5. 22 years remaining on agreements, providing long-term stability for the business.
6. No repairs or maintenance income, reducing potential financial burdens for the manager.
7. No swimming pool or set office hours, allowing for a more flexible work schedule.
8. Manager's unit valued at $470,000 with 2 bedrooms, 2 bathrooms, and 2 car spaces.
9. Pets allowed in the manager's unit.
10. Permanent complex with 44 units in the letting pool.
11. Accommodation agreement module with a term of 25 years and 22 years remaining.
12. Complex amenities include a BBQ area, pay TV, and WIFI.
Management Rights Multiplier: 5.29
ROI Estimate: 12.49%
