Key Investment Insights
1. The business is located in the Scenic Rim town of Beaudesert, offering a peaceful country lifestyle with easy access to Gold Coast beaches and Brisbane CBD.
2. The complex consists of 78 townhouses, with 69 currently in the vendor's letting pool.
3. The vendor also has an additional 19 external houses in a nearby estate, with potential to add more in the future.
4. The region is experiencing growth due to affordable house prices and proximity to major cities.
5. The business has a 22-year agreement in place and a net profit of over $328,000.
6. The manager's residence is a stylish 4-bedroom freestanding home over two levels.
7. The business has no set office hours, making for an easy workload.
8. The location is peaceful and close to a golf course.
9. The property is only 1 hour away from both the beach and city.
10. The complex is a permanent management rights business.
11. The total units in the complex is 78, with 70 in the letting pool.
12. The manager's unit is valued at $595,000 and has 4 bedrooms, 3 bathrooms, and 2 car spaces.
13. The agreement module is accommodation and has a term of 25 years, with 22 years remaining.
14. The complex has amenities such as a pool and gym.
Management Rights Multiplier: 4.56
ROI Estimate: 21.94%