Key Investment Insights
1. Attractive Body Corporate salary accompanies this modern and low maintenance complex.
2. Located in arguably Brisbane's best suburb with everything at your doorstep.
3. Quality businesses offering attractive packages are hard to find.
4. No requirement to purchase a unit, making it a more affordable investment opportunity.
5. Onsite office included, providing convenience and potential for additional income.
6. Strong net profit of $285,000.
7. Body Corp salary review of CPI annually.
8. Managers apartment valued at $119,000.
9. Complex type is holiday with a 4-star rating.
10. Total of 78 units in complex with 31 in the letting pool.
11. Long agreement term of 25 years with 23 years remaining.
12. Facilities include pool, gym, and pay TV.
13. Additional features include no unit to buy and office on title.
Management Rights Multiplier: 5.19
ROI Estimate: 19.27%