Key Investment Insights
AI generated. Confirm details with the seller.
1. Dual complex business-only management rights package in Brisbane's north, offering flexibility, stable income, and strong growth potential.
2. Low-maintenance and easy to manage with no common facilities or real estate to buy.
3. Strong financials with $81,499 net operating profit and 64% of income coming from body corporate salary.
4. Long-term agreements with 17-18 years remaining on 25-year Accommodation Modules.
5. Opportunity for expansion by converting externally managed units into the letting pool.
6. Prime locations near major shopping hubs, transport, schools, and employment centers.
7. Flexible and low-maintenance, suitable for a single operator or industry professionals looking to expand their portfolio.
8. No requirement to live onsite and no fixed office hours, making it a lifestyle business.
9. Business snapshot: Price of $350,000 for business only, net profit of $81,499, and remuneration/body corporate salary of $52,462.
10. Complex information: Permanent complex with a total of 42 units, 15 units in the letting pool, 13 owner-occupied units, and 14 outside agent units. Agreement term of 25 years with 18 years remaining.