Key Investment Insights
1. Net profit $199,248 vs asking price $1,080,000 - clear cashflow with a defined valuation benchmark.
2. Managers apartment/office assets on title valued at $320,000 - tangible asset component included in sale.
3. Body Corporate pays almost all outgoings - minimal landlord operating expenses (power, office phone, website, pool etc).
4. Low workload - can be run by one person on a part-time basis, suitable for semi-retired buyer or investor with limited time.
5. No requirement to live onsite - business does not include a residence, offering flexibility for owner.
6. Strong tenancy base - 36 total units with 29 in the letting pool and only 7 outside agents, providing stable occupancy potential.
7. Long agreement framework - 25-year agreement with 18 years remaining, delivering contractual security for operations.
8. Excellent student location - within walking distance to university and 40 minutes from Brisbane CBD, high demand catchment.
9. Onsite amenities that support premium positioning - pool, games room, BBQ area and WiFi enhance student appeal and yield.
10. Vacant land on title - scope for future development or value uplift to increase income or capital value.
Management Rights Multiplier: 3.81
ROI Estimate: 26.22%
