Key Investment Insights
1. Convenient and highly sought-after location in the leafy southern suburb of Acacia Ridge.
2. Close proximity to major shopping centers, including Acacia Ridge Marketplace, Woolworths Shopping Centre, Sunnybank Plaza and Market Square, Sunnybank Hills Shopping Town, and Calamvale Central.
3. Quiet and peaceful end of the road location, with easy access to public transportation.
4. Strong and supportive relationship with the Body Corporate.
5. Manager remuneration of $53,097 with annual CPI adjustments.
6. Minimal income from repairs and maintenance, with potential for increased income.
7. Well-presented and spacious 3-bedroom manager residence with modern appliances.
8. Detached manager's office for added convenience.
9. Low risk of letting drop, as the complex consists mostly of 2-bedroom townhouses.
10. Long-term agreement term remaining, providing stability and security for the new owner.
Management Rights Multiplier: 4.64
ROI Estimate: 21.56%