Key Investment Insights
AI generated. Confirm details with the seller.
1. Business valued at $100,000, with an advertised 1.85 multiplier and reported net profit of $53,052.
2. Approximately six hours of work weekly, with no set office hours or requirement to live onsite.
3. Body Corporate salary of $43,128 provides a secure base income.
4. Management agreement has nine years remaining within an established complex of 25 townhouses.
5. Asking price of $900,000 includes the manager’s townhouse, valued at $800,000.
6. Manager’s residence can be rented out, offering an additional income stream.
7. Body Corporate owns and supplies all gardening and maintenance equipment, eliminating equipment purchase outlay.
8. Pet friendly manager’s townhouse features three bedrooms, air conditioning, a private courtyard and two car spaces.
9. Helensvale location provides convenient access to the M1, Westfield Helensvale, schools and transport hubs.
Management Rights Multiplier: 1.88
ROI Estimate: 5.89%