Key Investment Insights
1. The business is a two-in-one adjacent permanent management rights with a net profit of over $500,000.
2. The vendors are motivated to sell and the business is priced competitively.
3. The majority of the net profit comes from the body corporate salary, providing a stable income.
4. The complex consists of a mix of townhouses and apartments, all of which are under permanent letting agreements.
5. The complex has long-term agreements with 22 years remaining, providing security for the business.
6. There are two standalone luxury manager houses for sale with respective office on title and double garage, priced at $850,000 and $900,000.
7. The complex is located in a prime location on the Gold Coast with stunning lake views.
8. It is close to golf courses, private and public schools, and all amenities.
9. The business has easy access to the M1, making it convenient for travel to Brisbane and Logan.
10. The complex is just minutes away from Broadbeach and shopping centres.
11. This is a unique opportunity that should not be missed.
12. Interested parties should contact the seller to book an inspection.
Management Rights Multiplier: 7.09
ROI Estimate: 14.11%