North Side Complex

Key Investment Insights

1. The business is a permanent complex with 55 units in total, all of which are owner-occupied.
2. The asking price for the business is $935,000, with a net profit of $90,771 and a remuneration/body corp salary of the same amount.
3. The managers unit has a value of $640,000.
4. The vendor is open to negotiating the terms of the sale.
5. The vendor is also willing to approach the body corporate to separate the home from the business if desired.
6. The agreement term for the complex is 10 years, with 10 years remaining.
7. All units in the complex are currently occupied, with no rental units available.
8. The business is located on the north side of the city.
9. Interested parties should contact Robert Collins for more information.

Management Rights Multiplier: 3.25
ROI Estimate: 30.77%