Key Investment Insights
1. The business is a rare large permanent townhouse complex located in the Gold Coast.
2. The remuneration for the business is $265,000, which accounts for 78% of the net income.
3. The complex has 48 units in the letting pool, with potential for growth.
4. The location is family-friendly and convenient to everywhere.
5. Easy access to the M1 makes it convenient for residents to commute.
6. The complex is in close proximity to reputable private schools in the Gold Coast.
7. The asking price for the business is an expression of interest.
8. The net profit for the business is $340,000.
9. The manager's unit is valued at $720,000 and has 3 bedrooms, 3 bathrooms, and 4 car spaces.
10. The complex is a permanent complex with a total of 187 units.
11. The complex has a pool for residents to enjoy.
Management Rights Multiplier: 5.24
ROI Estimate: 19.10%