Key Investment Insights
AI generated. Confirm details with the seller.
1. Management Rights business generating stated net profit of $152,500, with a $625,000 business price and $750,000 manager’s unit.
2. Permanent complex with 68 units and a consistent letting pool of 19 units.
3. Long agreement tenure, with 20 years remaining on the 25 year management rights agreement.
4. Renovated three bedroom, two bathroom manager’s residence with modern kitchen and two living areas.
5. Manager’s residence provides parking for four to six vehicles and is surrounded by landscaped gardens.
6. Established bayside location offers a scenic coastal setting and sea breezes.
7. Long term tenants and stated exceptional tenant retention support operational stability.
8. Permanent complex includes 44 owner occupier units, three outside agent units and two lockup units.
9. Suitable for first time operators or experienced professionals seeking to expand an existing management rights portfolio.
Management Rights Multiplier: 4.10
ROI Estimate: 11.09%