Key Investment Insights
AI generated. Confirm details with the seller.
1. Business-only management rights, no requirement to live onsite and no office hours, offering complete operational flexibility.
2. Net operating profit $62,771, with body corporate salary/remuneration $58,151, indicating stable recurring cashflow.
3. Listed sale price $302,500, shown at a 5.2x multiplier and an attractive 20.75% ROI; listing also records the price status as SOLD.
4. Long security of income with 25-year agreement term and 22 years remaining on the accommodation module agreements.
5. Supported by proactive committees and recently topped-up agreements, reducing governance and contract risk.
6. Boutique 26-unit complex with 23 owner-occupy units, implying low turnover and owner stability.
7. Small letting pool of 3 letting appointments, suitable for low-maintenance caretaking or upside growth for hands-on managers.
8. Luxury amenities including rooftop lounge and infinity pool, increasing tenant appeal and premium positioning in the market.
9. Located in sought-after New Farm, a desirable Brisbane suburb that supports strong rental demand and asset desirability.
10. Stylishly designed and well-maintained property, enhancing ease of day-to-day management and tenant satisfaction.