Key Investment Insights
AI generated. Confirm details with the seller.
1. Two highly sought-after complexes located in a thriving suburb known for its family-friendly atmosphere, excellent schools, and abundant parks.
2. Annual income of $192,373 with a competitive 4.7x multiple, offering over 21% ROI.
3. One complex has a 10-year agreement with the full term remaining, and the other boasts a 25-year agreement with 22 years left.
4. Strong community ties and consistent demand for rental units.
5. Business price of $900,000 for both complexes.
6. Nett profit of $192,373.
7. Remuneration/Body Corp Salary of $188,000.
8. Total of 137 units in the complex, with 7 units in the letting pool and 130 owner-occupied units.
9. Exclusive investment opportunity with the potential to exclude rentals from the sale if required.
10. Managed by Ras 360 Property Solutions, a reputable management rights company.