Pacific Pines, Queensland

Quality Stand Alone Home

SOLD

Business Description

A solid business with a substantial managers abode in a secure gated community.

Easily run by one person this business offers a great work life balance.

Office on title with no set hours.

Top location with great access to the highway.

Solar power and large fully fenced backyard are the icing on the cake.

An inspection is a must.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $108,000 Remuneration / Body Corp Salary: $56,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $490,000Bedrooms: 4Bathrooms: 3Car Spaces: 2Office: On TitlePets OK: Yes

A substantial family home with large fully fenced rear yard

Complex Information

Complex Type: PermanentTotal Units in Complex: 42Total Units in Letting Pool: 19Owner Occupy Units: 22Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesPay TV: Yes

Other Features / Notes

pool

Marketing Agent

Bobo Qi

Property Bridge

Key Investment Insights

1. The business is located in a secure gated community, providing a safe and desirable environment for residents.

2. The business is easily run by one person, allowing for a great work-life balance.

3. The office is included in the sale and has no set hours, providing flexibility for the owner.

4. The location of the business is ideal, with easy access to the highway.

5. The property has solar power and a large fully fenced backyard, providing additional value for potential buyers.

6. The managers' unit is a substantial family home with four bedrooms, three bathrooms, and a large fully fenced backyard.

7. The complex is a permanent complex with a total of 42 units, 19 of which are in the letting pool.

8. The agreement module is accommodation, and the agreement term is 25 years, with 20 years remaining.

9. The complex has a pool and offers pay TV services.

10. Other features of the business include a pool and a desirable location.

Management Rights Multiplier: 4.17
ROI Estimate: 24.00%