Key Investment Insights
1. Offered for sale due to health reasons, providing an opportunity for a new owner to take over an established business.
2. Management rights of 68 townhouses delivering a secure $104,349 p.a. net profit.
3. Agreements sit under the Accommodation Module with 18 years remaining, with a 5-year top-up motion already underway.
4. Currently operated as caretaking plus 6 lettings included in the sale, providing a low-stress lifestyle business.
5. Light workload of just 10 am-2 pm weekdays, with no live-in requirement and minimal gardening.
6. Additional upside potential with 15 units in the complex currently managed externally.
7. Prime location, minutes from Brassall Shopping Centre and just 10 minutes to Ipswich CBD.
8. Rare opportunity to secure a low-stress, secure income with genuine growth potential.
9. Managers unit valued at $598,000 with 3 bedrooms, 2 bathrooms, and 2 car spaces.
10. Complex information includes 68 total units, 6 units in the letting pool, and 15 outside agent units.
Management Rights Multiplier: 3.85
ROI Estimate: 26.00%