Key Investment Insights
1. The business offers a unique city living lifestyle.
2. The current on-site managers must sell due to a sudden change in circumstances.
3. The multiplier (4x multiplier) is below market value.
4. The agreement has 23 years remaining.
5. The business has a fantastic BC committee.
6. The location is in close proximity to Brisbane CBD.
7. The managers unit has double glazed windows.
8. The unit has two large sized bedrooms, master with en-suite and walk-ins.
9. The complex offers facilities such as a 25m pool, sun decks, spa, gymnasium, BBQ pavilion, garden terraces, and a resident common room.
10. The net income of $133,000 can easily be increased with minimal effort.
11. The managers unit has a value of $800,000.
12. The complex is a permanent complex with 48 units.
13. There are 13 units in the letting pool and 13 holiday units.
14. The agreement term is 25 years.
15. The complex is well-maintained and has a range of amenities for residents to enjoy.
Management Rights Multiplier: 4.00
ROI Estimate: 25.00%