Key Investment Insights
Some key insights for this business for sale listing include:
1. Purpose designed high occupancy secure student only complex: This complex is specifically designed to cater to the needs of students, making it a highly sought after accommodation option for students in the area.
2. Walking distance to Griffith University, Gold Coast Hospital Health Precinct and light rail: The location of this complex is ideal for students, as it is within walking distance to key educational institutions and public transport options.
3. Long agreements: The complex has long agreements in place, providing stability and security for the business.
4. No resident owners: This means that the complex is solely dedicated to student accommodation, without any permanent residents. This can help create a more focused and cohesive community within the complex.
5. No office hours: The business does not require the owner to be present on-site during specific office hours, providing flexibility and a good work-life balance.
6. No pool or BBQ: The absence of these amenities means lower maintenance costs for the owner.
7. No need to live on-site: The owner does not need to live on-site, allowing for more flexibility and potentially reducing living expenses.
8. High speed unlimited internet: This is a highly desirable feature for students and can be a key selling point for the business.
9. On-site commercial laundry for residents only use: This provides an additional convenience for residents and can generate additional income for the business.
10. Spacious two bedroom, two bathroom, fully furnished Manager’s unit: The manager's unit is currently in the letting pool and provides a comfortable living space for the owner.
11. Easy to manage secure niche market business: This business caters to a specific niche market, making it easier to manage and potentially reducing competition.
12. Preferred location in a high growth industry: The location of the complex and the industry it operates in (student accommodation) are both highly desirable and in high demand, providing potential for growth and success.
Management Rights Multiplier: 5.46
ROI Estimate: 13.67%
