Capalaba, Queensland
Business Only, Long Agreement and Great Remuneration MR in Capalaba Central
$403,500 / 4.3 Times Multiplier
Business Description
- Asking $403,500 on MR Business with a Net Profit of $93,820 - 4.3 times multiplier
- Centrally located in the Leafy suburb of Capalaba, Brisbane Bayside
- Well- presented complex provides the perfect environment to relax in
- Very well-run business, all procedures documented
- Long agreement 24 years left on a 25 years accommodation module
- Great manager remuneration $71,607 with annual adjustment of CPI annually
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Small Letting Pool
- No real estate associated
- No requirement of residing onsite
- No office hour
This would be a perfect opportunity to secure a solid income and lifestyle business, it ticks all your boxes.
Please book your private inspection with exclusive agent - David Jiang.
Business Summary
Key Investment Insights
1. Asking price $403,500 for the business only, with no real estate included.
2. Reported net profit $93,820, representing a 4.3 times multiplier.
3. Long-term income security, 24 years remaining on a 25-year accommodation module agreement.
4. Centrally located in Capalaba Central, leafy suburb in Brisbane Bayside, implying local appeal and accessibility.
5. Well-presented complex provides a relaxed environment, supporting tenant satisfaction and asset presentation.
6. Very well-run operations, with all procedures documented, enabling smoother handover and management continuity.
7. Low tenant turnover, reducing inspection frequency and administrative workload.
8. Small letting pool, suggesting manageable operational scale and focused tenant management.
9. Strong manager remuneration $71,607 with annual CPI adjustments, aiding staff retention and predictable payroll escalation.
10. Flexible operational model, no requirement to reside onsite and no office hours, supporting lifestyle buyer appeal.
