Key Investment Insights
1. Low maintenance complex in near new condition
2. Popular style 3 bedroom townhouse with large backyard
3. Room for a pet and kids to play
4. Close proximity to hospital, university, and rail
5. Comfortable living with a one person business
6. Net profit of $92,318
7. Remuneration/Body Corp Salary of $63,964
8. Manager's unit valued at $420,000
9. 3 bedrooms, 2 bathrooms, and 2 car spaces in manager's unit
10. Complex type is permanent with a total of 45 units
11. 15 units in the letting pool, 15 holiday units, 24 owner-occupied units, and 4 outside agent units
12. Agreement term of 25 years with 25 years remaining.
Management Rights Multiplier: 4.44
ROI Estimate: 22.52%