Key Investment Insights
Key Insights:
- The seller is motivated to sell and is open to considering all reasonable offers.
- The business has a high Body Corporate salary of $120,082 plus GST.
- The Accommodation Module agreement has a remaining term of 22 years.
- The business has a high net profit of $172,112.
- The location is very close to Brisbane CBD.
- The business is easy to manage, even for first-time operators.
- There are no set office hours, allowing for flexibility.
- The business has a stable income with all permanent rentals and only 3 outside agents.
- The location offers a convenient and peaceful environment.
- The manager's residence is of high quality with 2 bedrooms, 1 bathroom, and a secure parking space.
- Pets are permitted with Body Corporate approval.
- The business offers a great combination of a city lifestyle and a high-income opportunity.
- The location is close to amenities such as cafes, restaurants, shops, and schools.
- The business has a net profit of $172,112 and is priced at $1,750,000, with the manager's real estate included.
Management Rights Multiplier: 6.16
ROI Estimate: 16.24%