Key Investment Insights
1. Small boutique complex in a prime location on the Gold Coast, close to amenities and attractions.
2. Tranquil and serene environment with low Body Corporate fees and no fixed working hours.
3. Manager's ground floor unit has been tastefully renovated and includes a study/office.
4. Additional features include a pool, secure parking, and a large storeroom.
5. Annual salary increases by either CPI or 4%, whichever is greater.
6. Ideal for someone looking to enter the industry or add to their portfolio.
7. Manager's unit valued at $510,000.
8. Complex consists of 20 units with 5 in the letting pool.
9. Agreement module is Accommodation with 16 years remaining.
10. Pool on site for residents to enjoy.
Management Rights Multiplier: 3.54
ROI Estimate: 28.24%