Key Investment Insights
AI generated. Confirm details with the seller.
1. Permanent management rights business with a $53,052 net profit and an attractive 1.85 multiplier.
2. Extremely low workload of approximately six hours weekly supports a highly passive operating model.
3. No onsite residence requirement or set office hours provides substantial lifestyle and operational flexibility.
4. Secure Body Corporate salary within an established 25 townhouse complex provides a solid income base.
5. Manager’s residence can potentially be rented, creating an additional dual income opportunity.
6. Three bedroom, 1.5 bathroom townhouse includes air conditioning, private courtyard and two car spaces.
7. Body Corporate supplies all gardening and maintenance equipment, eliminating equipment purchase requirements.
8. Northern Gold Coast location in Helensvale is adjacent to the M1, Westfield, schools and transport hubs.
9. The business can be operated alongside other ventures due to its minimal workload and contactable by mobile arrangement.
10. Asking price of $950,000 includes the manager’s real estate.