Key Investment Insights
AI generated. Confirm details with the seller.
1. Price $2,210,000, stated business value $1,900,000, net profit $456,848, indicating strong earnings relative to asking price.
2. Manager remuneration $120,910 excluding GST, plus potential to increase net profit by approx. $100,000 if cleaning and security duties are assumed.
3. High foot traffic of 2.7 million visits per year, supporting tenant demand and marketing appeal.
4. Prime Esplanade location with two major street frontages, enhancing tourist and local visibility.
5. Large complex of 131 shops including 21 food outlets with seating for 200, offering diverse revenue streams and visitor attraction.
6. Income model based on management and marketing fees from owner‑occupiers and tenants, providing recurring revenue.
7. Structured similarly to Management Rights but with fewer restrictions, primarily admin duties required.
8. Manager’s office on title, plus two exclusive-use carparks and on-site storage, providing tangible owner benefits and convenience.
9. Excellent security of tenure via Body Corporate agreements described as Perpetual Term, with agreement module details showing a 20-year term.
10. Remarkably stable business indicated by low shop vacancy rates and minimum 12-month lease terms.
11. Operable by a single person with ease, no check-ins, no gardening, no set office hours, supporting low labour requirements.
12. Manager’s apartment available at a reasonable price of $310,000, offering an aligned residential asset and on-site presence.
Management Rights Multiplier: 4.16
ROI Estimate: 20.67%
