Key Investment Insights
AI generated. Confirm details with the seller.
1. Established permanent management rights business generating reported net profit of $439,943.
2. Body corporate remuneration of $494,517 plus GST provides significant income, with annual CPI reviews.
3. Long term agreement has nine years remaining under the standard agreement module.
4. Includes a three bedroom, two bathroom on title manager’s apartment valued at $1.43 million.
5. Manager’s residence offers approximately 165 square metres, large courtyard, air conditioning, separate laundry and two car spaces.
6. Common area cleaning and part time reception staffing are included in the profit and loss.
7. Body corporate pays for onsite security, pool maintenance and gardening duties.
8. High rise Gold Coast resort with pool, spa, sauna, gym, tennis court, games room and barbecue area.
Management Rights Multiplier: 5.50
ROI Estimate: 11.43%