Key Investment Insights
AI generated. Confirm details with the seller.
1. Net income of $300,281, verified by Industry Specialist Accountant, providing a strong and stable income for the business.
2. Well-presented complex, creating a peaceful and relaxing environment for tenants.
3. Efficiently run business with all procedures documented, making it easy for new owners to take over and manage.
4. Supportive and fantastic Body Corporate, making it easier for the manager to run the complex smoothly.
5. Long agreement with 20 years left on a 25-year accommodation module, providing security and stability for the business.
6. Large manager remuneration of $136,965 with annual adjustment of CPI, offering a high earning potential for the manager.
7. Low turnover of tenants, resulting in minimal inspections and paperwork for the manager.
8. Spacious and well-maintained manager residence, featuring four bedrooms and a double garage, providing a comfortable living space for the manager.
9. On-title office, with no designated office hours, allowing for a flexible and convenient work schedule for the manager.
10. Ideal for a family or semi-retired couple looking for a solid income and great lifestyle in a desirable location.