Key Investment Insights
AI generated. Confirm details with the seller.
1. Nett profit $339,847, asking price $2,158,000, business-only sale.
2. Optional well-presented manager residence available, asking $650,000.
3. Manager remuneration $175,228 with annual CPI adjustments, indicating strong owner income.
4. Long accommodation agreement remaining, 24 years left on a 25-year module, providing tenure security.
5. Centrally located in the leafy suburb of Marsden, Brisbane Southside, offering suburb appeal.
6. Low tenant turnover, reducing inspection frequency and administrative workload.
7. Well-presented, quality townhouse complex, conducive to relaxation and tenant satisfaction.
8. Body corporate described as very supportive, facilitating operational cooperation.
9. Business is very well run with all procedures documented, aiding transition and consistency.
10. On-title office included, with no specified office hours requirement, allowing operational flexibility.
11. Manager residence features: large two-storey house, big living/dining area, spacious family room, modern open-plan kitchen, three bedrooms, two bathrooms, separate toilet, double garage and large rear patio/entertaining backyard.
12. Positioned as suitable for a family or semi-retired couple seeking solid income and lifestyle, indicating buyer profile fit.