Key Investment Insights
1. Well-established and successful business with 14 years of operation.
2. Located in a highly desirable and convenient area with access to excellent schooling and shopping.
3. Low maintenance townhouse complex with a peaceful and leafy reserve bordering the estate.
4. Long agreements in place and supportive Body Corporate adds value for potential buyers.
5. Renter's paradise with proven success since current managers purchased off the plan.
6. Net profit of $153,000 and remuneration/body corp salary of $67,000.
7. Managers unit with a value of $399,000, 3 bedrooms, 3 bathrooms, and 3 car spaces.
8. On-site office and pets are allowed.
9. Permanent complex with a total of 53 units, 42 in the letting pool, and 8 owner-occupied units.
10. Agreement module is accommodation with a term of 25 years and 21 years remaining.
11. Amenities include a pool and pay TV.
Management Rights Multiplier: 4.99
ROI Estimate: 20.04%