Key Investment Insights
1. 11.7% ROI based on $1,588,000 purchase price, reflecting a 4.23x multiplier and strong yield for investors.
2. Net Operating Profit $186,354, with a substantial Body Corporate salary component of $102,787 providing reliable, recurring income.
3. Long-term agreements nearly full term, 25 year agreement length with approximately 24 years remaining, underpinning income stability.
4. Price split disclosed as $790K for management rights and $798K for the managers unit, clarifying asset and business valuation.
5. Freestanding managers residence, four bedrooms and 2.5 bathrooms, double garage and dedicated office, enabling owner-operator living or separate rental income.
6. Flexible operational model, no set office hours and adaptable management structure suitable for owner-operators or absentee investors.
7. Letting pool provides immediate income platform, approximately 31 units in the letting pool within a 75 unit complex, with 32 owner occupied and 12 outside agent managed units indicating growth potential.
8. Located in Brisbane’s high-growth northern corridor, proximate to North Lakes retail and business precinct, supporting strong tenant demand.
9. Good transport and access, close to rail and major arterial roads, enhancing tenant appeal and occupancy prospects.
10. Opportunity characterised as tightly held, signalling limited market supply for comparable long-term, high-ROI management rights investments.
Management Rights Multiplier: 4.24
ROI Estimate: 11.74%