Key Investment Insights
AI generated. Confirm details with the seller.
1. Permanent management rights business only, offering a nett annual return of $125,078.
2. Significant Body Corporate salary of $76,478, indexed to CPI with annual increases each October, providing predictable income growth.
3. Well established and steady operation, with all procedures documented, reducing transition risk and training time.
4. Complex is very popular with tenants, indicating strong occupancy and demand.
5. Small letting pool of 11 units, supporting an undisturbed, lifestyle-oriented ownership model.
6. No manager residence required, enabling owners flexibility in living arrangements.
7. Separate, spacious ground-floor office allows professional on-site presence and daytime contactability.
8. Business presented as solid management-rights investment tailored to buyers seeking lifestyle and stability.
9. Exclusive agency listing with NEXT team, suggesting broker-led marketing and managed sale process.