Key Investment Insights
1. Prime management rights opportunity in a sought-after suburb of Coorparoo.
2. Long-term security and stability with 23.5 years remaining on the Accommodation Module.
3. Easily managed by one person with potential for outsourcing.
4. Opportunity to purchase a different apartment within the complex or rent out the manager's apartment for additional income.
5. Three penthouses currently under construction, adding to the Body Corporate Salary.
6. Financial highlights include a business price of $810,000 with a 4.5x multiplier, unit price of $870,000 (significantly below market value), and total price of $1,680,000.
7. No reasonable offer will be refused, presenting a unique opportunity to acquire a management rights business at a below-market price.
8. Contact Robert Collins from Ras360°, a trusted leader in management rights sales, for more information.
9. Specialists in management rights, motels, hotels, pubs, and parks.
10. Business snapshot includes a net profit of $180,802 and a remuneration/body corp salary of $134,000.
11. Manager's unit valued at $870,000 with 3 bedrooms, 2 bathrooms, and 2 car spaces.
12. Complex information includes a permanent complex with 104 total units, 15 units in the letting pool, and 82 owner-occupied units.
13. Agreement term of 25 years with 23 years remaining.
Management Rights Multiplier: 4.48
ROI Estimate: 22.32%
