Key Investment Insights
1. Strong Nett Income of $1.404M
2. Long 21-year agreement remaining
3. Top-floor manager's unit - 2 bed, 2 bath, 1 car
4. Exclusive use office and generous storage areas
5. High occupancy and excellent repeat business
6. Professional operation with scalable systems
7. Prime inner-city location - walk to amenities, transport & hospital
8. Rare opportunity to acquire a top-performing short-term management rights business
9. Situated in a high-demand location with long-term security
10. Perfect for expanding portfolio or lifestyle change with strong returns
11. Businesses of this calibre in tightly held areas are extremely rare
12. Total price of $9,387M includes $8,772M MR and $615k unit
13. Remuneration/Body Corp Salary of $141,782
14. Managers unit valued at $615,000
15. Complex type is resort/holiday with 81 total units and 55 in the letting pool
16. 17 owner-occupied units and 26 outside agent units
17. Agreement term of 25 years with 21 years remaining.
Management Rights Multiplier: 6.25
ROI Estimate: 16.01%