Key Investment Insights
1. Convenient location with easy access to major transportation routes and shopping centers.
2. Strong and consistent rental demand in the area.
3. Close proximity to reputable schools, making it an attractive option for families.
4. Attractive Body Corporate remuneration with yearly 3% increases.
5. Healthy permanent letting pool income, providing a solid return on investment.
6. Manager's unit is a spacious and secure two-storey townhouse within a gated community.
7. Complex is well-maintained with amenities such as a pool, BBQ area, and pay TV.
8. Agreement term remaining is 21 years, providing long-term stability for the business.
9. Opportunity for potential growth with 53 units in the letting pool and only 8 units managed by outside agents.
10. Pets are allowed in the manager's unit, providing flexibility for the manager's living arrangements.
Management Rights Multiplier: 5.49
ROI Estimate: 18.20%
