Key Investment Insights
AI generated. Confirm details with the seller.
1. Brand new 56‑townhouse complex under construction, due completion late 2026 to early 2027, offering first‑mover management establishment at practical handover.
2. Approximately 42 units in the letting pool, about 75% of the complex, supported by claw back and forward commitment provisions, indicating rental income stability.
3. 25‑year Management Rights Agreement in place, with the full 25 years remaining, providing long term operational security.
4. No manager’s residence or real estate purchase required, reducing upfront capital outlay for incoming managers.
5. Projected net profit of $215,586, with remuneration/body corporate salary of $64,400, based on prepared financials.
6. Profit and Loss projections prepared using industry benchmark figures supplied by MR Accountants, suggesting professionally modelled financials.
7. Excellent Taigum location, centrally positioned with convenient access to shopping centres, schools, public transport, medical facilities and core amenities, supporting rental demand.
8. Quality onsite amenities including a swimming pool and BBQ area, enhancing tenant appeal and retention.
9. Developed by a highly experienced and reputable developer with a strong track record, reducing delivery and quality risk.
10. Complex classified as permanent, with 14 owner occupied units and 42 letting pool units, implying a stable owner occupant base alongside rental operations.
11. Listing status noted as under contract or offer, signalling current market interest and potential limited availability.