Key Investment Insights
AI generated. Confirm details with the seller.
1. Verified net profit $106,151 per annum, demonstrating stable earnings.
2. Additional body corporate remuneration $71,352 per annum, paid under a long-term accommodation module with annual CPI increases.
3. Attractive purchase multiple 4.33x, indicating strong value for a management rights business.
4. Low-maintenance operation, no fixed office hours, no shared facilities to manage, and minimal gardening requirements.
5. No competition from external letting agents, strengthening letting pool control and revenue protection.
6. Tightly held permanent complex of 37 townhouses, with 17 units in the letting pool and only one outside-agent unit.
7. Long-term agreement in place, 25-year original term with 20 years remaining, providing contract stability.
8. Manager’s residence included and valued at $688,800, offering on-site accommodation and a built-in asset.
9. Manager’s home described as practical and comfortable, with three bedrooms plus a study that can be used as a fourth bedroom, a dedicated office, and outdoor space, supporting a strong home–work balance.
10. Prime location in the Acacia Ridge/Sunnybank growth corridor, minutes from Sunnybank Plaza, Market Square and Sunnybank Hills Shoppingtown.
11. Excellent transport and accessibility, close to quality schools, public transport and major arterial roads including the Logan Motorway, supporting tenant demand and rental stability.
Management Rights Multiplier: 4.33
ROI Estimate: 9.24%