Key Investment Insights
AI generated. Confirm details with the seller.
1. Located in Surfers Paradise, minutes from the beach, offering strong tourism and holiday-market appeal.
2. Compact caretaker complex, indicating a small, potentially low-complexity operation.
3. Onsite amenities include a swimming pool and barbecue area, attractive for holiday guests and resident satisfaction.
4. Business operates under a long-term caretaker agreement, original term 25 years with 20 years remaining, providing contract stability.
5. Agreement module listed as accommodation, signalling primary responsibilities linked to short-stay or holiday accommodation management.
6. Net profit reported at $38,000, which aligns with the stated remuneration/body corporate salary of $38,000.
7. No requirement to reside onsite, enabling absentee or flexible management arrangements.
8. No real estate purchase required, reducing capital outlay and simplifying transaction structure.
9. Price status shown as under contract/offer, indicating the listing may already be under negotiation.
10. Images may not depict the actual complex, so physical inspection and verification are advisable.