Key Investment Insights
1. Located in a highly sought-after family suburb with a blue-chip school catchment.
2. Low-maintenance and low-workload business opportunity.
3. Potential for income growth over time with 5 externally managed rentals.
4. No set office hours, allowing for flexibility and work-life balance.
5. Spacious and modern 3-bedroom, 2-bathroom manager's unit with private access.
6. Solar panels provide ongoing savings on energy costs.
7. Recent sale in the complex at $850k offers instant equity.
8. Option to rent out the manager's unit and reside in another unit within the complex.
9. Stable and easy-to-manage letting pool of 7 units.
10. Attractive Body Corporate salary for low-impact caretaking duties.
11. Straightforward caretaking duties with well-maintained grounds.
12. Perfect for first-time buyers or experienced operators looking for a reduced workload.
13. Located just 11km from Brisbane CBD with easy access to public transport, cafes, shops, and top-rated schools.
14. Low multiplier of 3.9x MR and unit price of $799k.
15. Net profit of $78,418 with a remuneration/body corp salary of $58,530.
16. Manager's unit valued at $799,000 with 3 bedrooms, 2 bathrooms, and 3 car spaces.
17. Boutique complex of 34 townhouses with 7 units in the letting pool.
18. Agreement term of 25 years with 21 years remaining.
Management Rights Multiplier: 3.90
ROI Estimate: 25.64%
