Key Investment Insights
1. Ipswich is a rapidly growing region in South East Queensland, with projected growth three times faster than the rest of the state.
2. The business is easily managed off-site by one person and is part of a well-maintained development.
3. The investment includes a 1 bedroom unit valued at $100,000 and the business priced at $366,000, with a strong net income of $91,705.
4. This is an ideal opportunity for investors looking for a profitable asset with potential for future growth.
5. The business is located in the heart of a city on the rise, making it a desirable location for investment.
6. Opportunities like this are becoming increasingly rare in the current market.
7. The business is managed by Ras360, a specialist in management rights, motels, hotels, pubs, and parks.
8. The total investment includes a managers unit valued at $100,000 and a net profit of $91,705.
9. The complex is a permanent type with 27 units, 18 of which are in the letting pool.
10. The agreement term is 25 years with 21 years remaining.
Management Rights Multiplier: 3.99
ROI Estimate: 25.06%