Key Investment Insights
AI generated. Confirm details with the seller.
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.