Key Investment Insights
1. High net profit of $333,723 with a stable, high Body Corporate salary of $112,000 and CPI increases.
2. Simple job with easy tasks and most of the garden work covered by the Body Corporate.
3. Strong holiday bookings in a highly sought-after, convenient location.
4. Long-term 25-year agreement with 24 years remaining.
5. Rental mix with a small percentage in the letting pool (26 total: 17 holiday, 9 permanent) providing security for earnings.
6. 15 units under outside agents, offering potential for income growth.
7. Over a decade of established business with a solid foundation.
8. Located in the centre of the Gold Coast, with everything within walking distance – including a beautiful beach, shops, restaurants, entertainment areas, and public transport.
9. Excellent manager’s residence with 2 bedrooms, 1 bathroom, and secure underground parking.
10. Exclusive-use professional office and reception area with plenty of storage.
11. Opportunity to spend less and earn more.
12. Potential for income growth in the highly sought-after holiday location on the Gold Coast.
13. Opportunity to generate high profits on a continuous basis.
14. Asking price of $2,290,000 inclusive of manager's real estate.
15. For further information or to arrange an inspection, contact Management Rights Broker Bill He.
Management Rights Multiplier: 4.84
ROI Estimate: 20.67%