Key Investment Insights
1. Verified net profit $102,926 p.a., including $68,127 body corporate salary, indicating strong owner remuneration and cashflow.
2. Attractive pricing at a 4.47x multiple, total offer of $1.14M comprising $460K management rights and $688.8K manager’s unit, signalling value for money.
3. Long-term secure income under an Accommodation Module with annual CPI increases, agreement term remaining approximately 20 years.
4. Tightly held 37-townhouse complex with 17 units in the letting pool, 19 owner-occupied units, and only 1 outside-agent unit, limiting external competition.
5. Extremely low-maintenance operations, no shared facilities to manage, minimal gardening, and no fixed office hours, supporting a hands-off lifestyle.
6. No external letting agent competition, enhancing control over letting income and tenant management.
7. Manager’s residence is spacious and functional, featuring three bedrooms plus a study convertible to a fourth, a dedicated office, and an oversized backyard, supporting on-site living and work.
8. Prime location in the Acacia Ridge catchment near Sunnybank, minutes from Sunnybank Plaza, Market Square, and Sunnybank Hills Shoppingtown, with strong schools and retail amenities nearby.
9. Excellent transport access, including proximity to major roads and the Logan Motorway, improving tenant appeal and connectivity.
10. Well-suited to first-time operators or semi-retirees seeking a low-stress, high-return lifestyle business in a growing pocket of Brisbane’s south.
Management Rights Multiplier: 4.47
ROI Estimate: 22.38%