Key Investment Insights
AI generated. Confirm details with the seller.
1. Business-only management rights for Sugarwood Grove Garden Villas in Bellbowrie, Brisbane western suburbs, offering no onsite residency requirement.
2. Gross caretaking salary reported at $158,164 per annum, listed as net profit and remuneration in the snapshot.
3. Asking price advertised at $600,000, a 3.79 multiplier, with a reported ROI of 26.36%.
4. Complex comprises 80 stand-alone, over-55s villas, all owner-occupied, indicating no letting duties.
5. Agreement term is 10 years, with 10 years remaining, providing long-term contractual stability.
6. Caretaking-only role, focused primarily on gardening with minimal cleaning obligations, suggesting lower operational complexity.
7. All gardening equipment included, specifically a ride-on mower and power tools, reducing immediate capex for a purchaser.
8. Supportive Body Corporate noted, implying governance that may enhance operational stability and longevity.
9. Resort-style communal facilities include a clubhouse, pool, gym, bar and communal spaces, enhancing resident appeal and management relevance.
10. Demonstrated real estate sales potential with 9 sales in 2024, an untapped revenue stream by the current owner.
11. Listing materials describe the opportunity as low-maintenance and high-return, signalling suitability for investors seeking passive income.
12. Business snapshot indicates the listing status as SOLD, signalling strong market demand for similar business-only management rights.
