Key Investment Insights
1. The business is located in a highly sought after residential complex with a superb location.
2. The management agreements have 20 years remaining, providing stability and long-term potential for the buyer.
3. The complex is conveniently located near schools, shopping centers, public transport, and recreational areas.
4. The manager's residence is a spacious and well-appointed 3 bedroom townhouse.
5. The business offers a generous Body Corporate Salary, providing a steady income for the manager.
6. The Body Corporate Salary is subject to annual CPI reviews, ensuring potential for growth.
7. The manager's unit has a value of $587,000, making it a valuable asset for the buyer.
8. The complex is a permanent type, providing a stable and consistent income stream.
9. The complex has a total of 91 units, with 39 units in the letting pool and 50 owner-occupied units.
10. The agreement module is Accommodation, providing flexibility for the manager.
11. The agreement term is 25 years, with 20 years remaining, providing long-term stability for the buyer.
12. The complex offers amenities such as a pool, BBQ area, pay TV, and function facilities, making it attractive to potential tenants.
13. The manager is allowed to have pets, providing a comfortable living environment for the manager.
14. The business is a great opportunity for potential buyers to act quickly before it is sold.
Management Rights Multiplier: 5.68
ROI Estimate: 17.60%
