Key Investment Insights
- Located in a desirable bayside location, close to major arterial roads, trains and bus transport
- 42 lots with 11 in the letting pool plus additional 2 external lets
- 25 year term remaining on the management rights agreement
- No set office hours offering great work/life balance
- Excellent rapport with Committee and Body Corporate
- Industry accountant verified income
- Walking distance to shops and dining
- Manager's residence offers 3 bedrooms & 1 bathroom, private courtyard and single car accommodation
- Long term manager's ready to move on
- Net Profit: $87,549
- Asking Price: $1,054,000 (Inclusive of Manager's Real Estate)
Management Rights Multiplier: 4.30
ROI Estimate: 23.25%