Key Investment Insights
1. Net profit $227,333, indicating strong current cashflow for an owner-operator.
2. Asking price $1,300,000 produces a multiplier of 2.89, signalling a sub-3x earnings multiple.
3. Body Corporate salary $56,651 plus GST with CPI annual increases, providing indexed guaranteed remuneration.
4. 25-year management agreement with 20 years remaining, offering long-term contractual security.
5. No requirement to live onsite, no office hours required, and minimal caretaking duties, enabling flexible ownership or absentee management.
6. No pool, BBQ or other facilities to maintain, reducing maintenance exposure and operating costs.
7. Manager’s residence included, spacious 3-bedroom, 2-bathroom unit valued at $650,000, adding significant asset value to the sale.
8. Office on title and exclusive-use commercial kitchen and lounge, supporting revenue-generating services and administrative control.
9. 22 permanent rentals currently under management, providing an established recurring income base with identifiable growth capacity.
10. Listing emphasises steady, secure income and significant upside potential, indicating room to expand management portfolio or revenue streams.
Management Rights Multiplier: 2.86
ROI Estimate: 17.49%
