Key Investment Insights
1. Verified net profit $106,151 per annum, supported by a $71,352 body corporate salary with annual CPI increases.
2. Attractive 4.33x multiplier, signalling strong value for a low-maintenance management rights business.
3. Long-term agreement security, 20 years remaining on the management agreement.
4. Tightly held 37-townhouse complex with 17 units in the letting pool, 19 owner-occupy units, and only 1 outside agent unit.
5. Manager’s townhouse valued at $688,800, featuring three bedrooms plus a study convertible to a fourth, a large backyard, and a dedicated office.
6. Lifestyle advantages include no fixed office hours, no shared facilities to maintain, minimal gardening, and no competition from external letting agents.
7. Low operational complexity and high manageability, described as well presented and tightly held.
8. Prime location minutes from Sunnybank, in the Acacia Ridge catchment, near Sunnybank
Management Rights Multiplier: 4.33
ROI Estimate: 9.24%