Key Investment Insights
AI generated. Confirm details with the seller.
1. The complex consists of 66 units, providing a large potential customer base for the business.
2. The business has a strong target market of local hospital workers, ensuring a consistent demand for the units.
3. Annerley's close proximity to popular cafe areas and public transport makes it an attractive location for potential tenants.
4. The body corporate salary of $80,000 provides a steady source of income for the business.
5. The caretaking duties only require approximately 20 hours per week, allowing for a good work-life balance.
6. There are no set office hours, providing flexibility for the manager.
7. The exclusive use office adds value to the business and provides a dedicated workspace for the manager.
8. The P&L is clean, indicating a well-managed and profitable business.
9. The manager is given autonomy by the committee, allowing for efficient decision-making and management.
10. The location of the complex is highly desirable, with potential for further growth and development.
11. The business has a lot of potential for growth and improvement, providing opportunities for increased profits.
12. The property is an absolute rare gem, offering a unique and valuable opportunity for potential buyers.
