Great Value Management Rights in Loganlea

Key Investment Insights

1. Prime location: The complex is situated in a desirable location, close to all amenities, making it an attractive option for potential tenants.

2. Strong rental demand: With a high demand for rental properties in the area, the complex offers a stable and consistent income stream for the management rights owner.

3. Easily managed: The complex is relatively small and has no fixed office hours, making it easy to manage and maintain.

4. Spacious manager unit: The manager's unit is a standalone 4 bedroom property, providing ample space for the owner to live comfortably.

5. Long remaining agreements: With 21 years remaining on the management rights agreements, the new owner will have a long-term and secure income stream.

6. No fixed office hours: The absence of fixed office hours allows for a flexible work schedule and provides a good work-life balance for the owner.

7. Profitable business: The business has a net profit of $168,960, providing a strong return on investment for the new owner.

8. Additional income from remuneration/body corporate salary: In addition to the net profit, the owner also receives a remuneration/body corporate salary of $70,236, further increasing the profitability of the business.

9. Regular salary reviews: The remuneration/body corporate salary is reviewed annually, ensuring a fair and consistent income for the owner.

10. Large complex: With a total of 52 units in the complex and 50 units in the letting pool, there is potential for growth and expansion of the business.

11. On-site amenities: The complex features a pool, providing additional amenities for tenants and potential for increased rental demand.

12. Low maintenance: The complex is well-maintained and requires minimal upkeep, reducing the workload for the owner.

13. Affordable price: The management rights are being offered at a great value, making it an attractive opportunity for potential buyers.