Key Investment Insights
1. 25 year permanent management agreement in place with 22 years remaining, providing long term tenure and income visibility.
2. Total asking price $865,000, comprised of Business $380,000 and Real Estate $485,000, with the manager’s 2 bedroom villa included.
3. Current net profit $83,010 plus approximately $21,000 in rental income, giving total cashflow of roughly $104,000 per year.
4. High proportion of stable Body Corporate salary, $86,138 plus GST with annual CPI increases, representing nearly 100 percent of total income.
5. Significant upside potential from growing the rental roll and earning sales commissions, with only 2 units currently in the letting pool.
6. No onsite residency requirement, allowing remote ownership or multiple living options for the manager.
7. No office hours required and option to operate as caretaker only, meaning no real estate licence needed and lower operating complexity and cost.
8. Extremely simple caretaking duties, reinforced by absence of pool, BBQ, gate or associated maintenance responsibilities.
9. Manager’s villa is spacious, comprising 2 bedrooms, 1 bathroom, 1 garage and a large private courtyard, and pets are permitted.
10. Exclusive use professional office provided, supporting operations and privacy for management activities.
11. Location in Redbank Plains offers a specific market placement; the listing emphasises rarity and urgency of the opportunity.
Management Rights Multiplier: 4.58
ROI Estimate: 21.84%
