Key Investment Insights
AI generated. Confirm details with the seller.
1. The business for sale is an off the plan opportunity, meaning that it is not yet built and the buyer will have the opportunity to be involved in the planning and development process.
2. There is no unit to buy as part of this business, making it a more affordable investment option for potential buyers.
3. The business includes a manager's unit, providing the owner with a place to live on site and potentially reducing living expenses.
4. The complex is a permanent type, meaning that all units are occupied by long-term tenants rather than short-term guests.
5. There are a total of 38 units in the complex, with 34 of them currently in the letting pool.
6. The remaining 4 units are owner-occupied, providing potential for growth in the letting pool.
7. The agreement term for the business is 25 years, providing long-term stability for the owner.
8. There are still 25 years remaining on the agreement, giving the buyer a significant amount of time to build and grow the business.
9. The complex information indicates that this is a well-established and successful business with a high occupancy rate.
10. The business offers potential for both passive income and a place to live, making it an appealing opportunity for investors.
