Reedy Creek, Queensland

Rare Large Permanent Townhouse Complex in Gold Coast

Expression of Interest

Business Description

• Genuine buyers required
• Solid remuneration $265,000, 78% of the net income
• 48 units in letting pool with huge potentials for growth
• A great place for family, convenient to everywhere
• Easy access to M1
• In close proximity to reputable Gold Coast private schools

Business Summary

Business Snapshot

Price: Expression of Interest Net Profit: $340,000 Remuneration / Body Corp Salary: $265,000

Managers Unit

Value of Managers Apartment: $720,000Bedrooms: 3Bathrooms: 3Car Spaces: 4

Complex Information

Complex Type: PermanentTotal Units in Complex: 187Total Units in Letting Pool: 48Pool: Yes

Marketing Agent

Leo Liu

0467 57....

Onsite Management Rights

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%