Key Investment Insights
1. The complex is well presented and features 46 Tuscan villa style townhouses.
2. The complex has plenty of long term tenants, providing stability and consistent income.
3. The business has a good salary and minimal office hours, making it a perfect opportunity for someone looking for an easy to manage complex.
4. The complex is popular and has a great central Gold Coast location, making it attractive to potential tenants.
5. The multiplier for the business is low, making it a good value for the price.
6. The managers unit is valued at $550,000 and has 3 bedrooms, 2 bathrooms, and 2 car spaces.
7. The complex is a permanent type, with a total of 46 units and 10 units in the letting pool.
8. The agreement module is Accommodation and has a remaining term of 17 years.
9. The complex has amenities such as a pool and BBQ area.
10. The complex is pet-friendly, making it appealing to potential tenants with pets.
Management Rights Multiplier: 3.78
ROI Estimate: 26.43%