Key Investment Insights
1. Exceptional reported net profit of $647,842, indicating strong cash flow.
2. Managers’ residence valued at $820,000, four-bedroom freestanding double-storey home providing significant on-site asset value.
3. Substantial body corporate salary of $224,657 plus GST, indexed to CPI, delivering predictable and growing owner income.
4. Long-term 25-year agreement with 22 years remaining, offering tenure stability and predictable revenue.
5. Large, stable permanent rental base; 135 in the letting pool and only 13 with outside agents, including 27 units secured with an investment group, supporting consistent rent growth.
6. Minimal facilities to maintain, only pool and gym, explicitly no gates or BBQ areas, reducing operational overhead and maintenance complexity.
7. No office hours required, lowering staffing demands and enabling flexible owner lifestyle.
8. On-title professional office with separate entrance, facilitating compliance and ease of management or handover.
9. Managers’ home features strong amenity: air-conditioning in living and bedrooms, large courtyard, covered patio, and double lock-up garage/three car spaces, supporting live-in management appeal.
10. Desirable Brisbane southside location near Sunnybank Hills, close to shopping centres, schools, parks and public transport, enhancing rental demand and lifestyle attractiveness.
Management Rights Multiplier: 5.60
ROI Estimate: 14.56%