Key Investment Insights
Key Insights:
1. Great flexibility with no set office hours and not required to live onsite.
2. Minimal caretaking duties.
3. Body Corporate salary makes up over half of the net profit.
4. Huge potential to expand the letting pool.
5. Walking distance to popular shopping centers.
6. Convenient location in a quiet street.
7. Rare opportunity in the South side of Brisbane.
8. Managers unit valued at $600,000 with 3 bedrooms, 2 bathrooms, and 2 car spaces.
9. Complex is permanent with 88 units and 33 in the letting pool.
10. Agreement module is standard with a remaining term of 19 years.
11. Pool is included in the complex.
Management Rights Multiplier: 5.90
ROI Estimate: 16.94%
