Key Investment Insights
1. Guaranteed body corporate salary of $77,000, providing steady remuneration.
2. Reported net profit of $70,000, indicating solid cashflow for an owner-operator.
3. Caretaker only management rights model, minimal duties, can be managed by one person alongside outside employment.
4. Agreement term remaining approximately 15 to 16 years, with scope to top up to 21 years, supporting medium-term income security.
5. Manager’s residence included and valued at $440,000, an expansive 90m² three‑bedroom apartment with balcony, pool views, car space and quality finishes.
6. Manager’s apartment and office rented at a reduced rate of $350 per week, generating additional income while covering some onsite work.
7. Two on-title offices plus main reception and ample storage, enabling formal workspace and potential for future growth.
8. Small complex of 20 units, consistent and manageable portfolio size for a single manager.
9. Resort style pool and BBQ area, enhancing amenity appeal to residents and supporting higher occupancy/retention.
10. Prime tropical location near golden sandy beaches, minutes from shopping, medical services and the International Airport, boosting lifestyle and tenant demand.
11. Low time commitment with no set hours, suited to a semi-retired couple or buyer seeking lifestyle with reliable income.
Management Rights Multiplier: 2.29
ROI Estimate: 43.75%
