Key Investment Insights
1. Caretaking-only management rights business with no letting pool or office hours.
2. Verified net profit of $137,116 per year from body corporate salary alone.
3. Long 21-year accommodation module agreements in place until May 2045.
4. Well-presented and easy to maintain complex with minimal gardens and facilities.
5. Desirable, family-friendly location with easy access to amenities and major roads.
6. Stylish and low-maintenance three-bedroom, two-bathroom manager's residence.
7. Body corporate salary increasing by a minimum of 3% every year.
8. Ideal for first-time buyers, semi-retirees, or those looking to add a reliable, easy-care asset to their portfolio.
9. Total value of $1.53 million for both the management rights and the manager's unit.
10. Permanent complex with 84 units, 74 owner-occupied and 10 managed by outside agents.
11. Agreement term of 25 years with 21 years remaining.
Management Rights Multiplier: 5.32
ROI Estimate: 18.78%