Key Investment Insights
1. Offers an 11.7% ROI based on a $1,588,000 price, reflecting a 4.23x multiplier.
2. Strong Net Operating Profit of $186,354, with a substantial Body Corporate salary of $102,787 providing stable, recurring income.
3. Body Corporate remuneration represents roughly 55% of reported net profit, underpinning income security.
4. Very long-term management agreements, 25-year term with approximately 24 years remaining, supporting predictable cash flows.
5. Letting pool of about 31–32 units within a 75-unit complex, indicating scale and clear upside in letting income.
6. Flexible operational model with no set office hours, suited to owner-operators or absentee investors.
7. Freestanding four-bedroom manager’s residence valued at $798,000, includes dedicated office and double garage, enabling onsite living or separate rental income.
8. Located in Brisbane’s high-growth northern corridor, near North Lakes retail and business precinct, enhancing tenant demand and rental market resilience.
9. Excellent transport connectivity, including rail, public transport and major arterial road access, supporting
Management Rights Multiplier: 4.24
ROI Estimate: 11.74%