Key Investment Insights
1. Unique city living lifestyle opportunity
2. Urgent sale due to sudden change in circumstances
3. Below market value multiplier (4x)
4. Long agreement term (23 years remaining)
5. Fantastic body corporate committee
6. Close proximity to Brisbane CBD
7. Walking distance to coffee bistros and restaurants
8. Brisbane River and city views from private balcony
9. City Cat Ferry and walkway/bike paths nearby
10. Double glazed windows in manager's unit
11. Two large bedrooms with en-suite and walk-in closet
12. Open plan living and dining area
13. Well-designed gourmet kitchen
14. Secured storage and two car parks
15. Facilities include 25m pool, sun decks, spa, gymnasium, BBQ pavilion, garden terraces, and resident common room
16. Potential to increase net income with minimal effort
17. Manager's apartment valued at $800,000
18. Permanent complex with 48 units and 13 in the letting pool
19. Agreement term of 25 years
20. Net income of $133,000 with remuneration/body corp salary of $83,651.
Management Rights Multiplier: 4.00
ROI Estimate: 25.00%