Key Investment Insights
1. Rare opportunity to acquire a high-performing, permanent management rights business and manager's residence in a sought-after coastal suburb of Brisbane.
2. Stable mix of stand-alone three-bedroom, two-bathroom homes, which are highly desirable to families and tenants.
3. Long-term agreements and consistent occupancy provide a secure business foundation.
4. High-demand rental area with potential for future growth.
5. Convenient location with easy access to shops, schools, dining, and public transport.
6. Manager's residence is spacious and well-appointed, with potential for outdoor entertainment and pets allowed.
7. Strong net profit and remuneration/body corp salary.
8. Total value of $2.042M for both the management rights and unit.
9. Permanent complex with 27 units in the letting pool and 68 owner-occupied units.
10. Long agreement term of 25 years with 20 years remaining.
Management Rights Multiplier: 5.00
ROI Estimate: 19.99%