Key Investment Insights
1. The business is a permanent management rights complex located in the rapidly growing suburb of Brown Plains in Southside Brisbane.
2. The complex was built by Phil Usher and features modern townhouses with a lovely swimming pool, entertainment area, and well-equipped gym.
3. The complex is popular among renters and has a good rental income.
4. The location is highly sought after, with easy access to both Gold Coast and Brisbane via major motorways.
5. The complex offers a great remuneration of $71,252 with annual CPI adjustments.
6. The agreement has a long term of 22 years remaining.
7. The manager's residence is a spacious, standalone lowset villa with solar panels and a fully fenced yard.
8. The residence also includes a self-contained granny flat that can be rented out for additional income.
9. The complex has a good size office attached with no set office hours.
10. This business offers a solid income and lifestyle opportunity for potential buyers.
Management Rights Multiplier: 4.62
ROI Estimate: 21.66%