Key Investment Insights
AI generated. Confirm details with the seller.
1. Over 90% of revenue is secure Body Corporate income of $107,458 plus GST, indexed annually by CPI, providing exceptional revenue certainty.
2. Net profit is $105,324, indicating the business’s profitability is largely driven by the fixed Body Corporate remuneration.
3. Very low multiplier of 2.94, signalling strong value for money relative to earnings.
4. Total asking price $1,030,000, inclusive of the quality three-bedroom manager’s townhouse and Manager’s Real Estate.
5. Manager’s townhouse is newly renovated, three bedrooms, two bathrooms, single lock-up garage, air conditioning and private courtyard, supporting live-in management.
6. Large professional office on title with separate entrance, enabling on-site administration and professional presentation.
7. Secure 25-year Accommodation Module agreement with approximately 22 years remaining, adding long-term contract stability.
8. Current letting pool comprises only 3 units, with a further 17 units managed by outside agents, presenting clear upside to grow management income and sales commissions.
9. Extremely simple, low-maintenance caretaking duties with minimal gardening, suitable for semi-retirement or part-time ownership.
10. Convenient Ipswich location within a peaceful residential environment, enhancing lifestyle appeal for on-site managers.
11. Offered for urgent sale due to family reasons, which may support a timely transaction.