Key Investment Insights
1. Motivated vendor looking to sell business for retirement.
2. Mix of townhouses and apartments with only permanent letting.
3. Stunning lake view and quiet environment.
4. Solid and stable income with remuneration over $189,690 per annum.
5. Manager is not required to live onsite.
6. Long-term agreement with 22 years remaining.
7. Healthy sinking fund of over $1.2 million.
8. Standalone luxury manager house with office and double garage.
9. Centrally located near schools, golf courses, and shopping centers.
10. Easy access to M1 for travel to Brisbane and Logan.
11. Expression of interest is welcome, with multiple offers to be presented to the vendor.
12. Managers unit valued at $800,000 with 3 bedrooms, 2 bathrooms, and 2 car spaces.
13. Complex is permanent with a total of 124 units, 21 in the letting pool, and 97 owner-occupied units.
14. Agreement module is standard with a term of 25 years and 22 years remaining.
15. Complex amenities include a pool and BBQ area.
Management Rights Multiplier: 5.30
ROI Estimate: 18.87%