Key Investment Insights
1. Nett Profit of $118,000 and ROI of 10.4% make this a highly profitable and attractive investment opportunity.
2. Business price of $499,000 with a 4.21x multiplier is a good value for the strong returns it offers.
3. Manager's residence is also included in the sale, with a value of $820,000 and features such as 3 bedrooms, 2 bathrooms, lock-up garage, and office space.
4. Total of 42 units in the complex, with 11 units in the letting pool and 3 units with outside agents.
5. Located in Manly West, a highly desirable family-friendly suburb in Brisbane with strong demand for rental properties.
6. Long-term security with 23 years remaining on the 25 Accommodation Module.
7. Well-maintained amenities including a swimming pool and BBQ area.
8. Prime location just minutes from Manly Boat Harbour, shopping precincts, and top-rated schools.
9. Easy access to the Brisbane CBD and the Gateway Motorway.
10. Low-maintenance business, suitable for both first-time operators and experienced investors.
11. Growth potential in a high-demand and growing suburb.
12. Contact Joel McCartin for more information or to arrange a viewing.
13. Specializes in Management Rights, Motels, Hotels, Pubs, and Parks.
14. Manager's apartment has a value of $820,000 and features 3 bedrooms, 2 bathrooms, lock-up garage, and office space.
15. Complex type is permanent with a total of 42 units, 11 of which are in the letting pool and 3 with outside agents.
16. Agreement term of 25 years with 23 years remaining, providing long-term security for the business.
17. Owner-occupy units make up 28 of the total units in the complex.
18. Outside agent units make up 3 of the total units in the complex.
19. Well
Management Rights Multiplier: 4.21
ROI Estimate: 23.73%
