Key Investment Insights
AI generated. Confirm details with the seller.
1. The business has a substantial Body Corporate salary, providing a stable source of income for the onsite manager.
2. There is potential for further growth in the business, indicating potential for increased profits.
3. The management agreements are long-term, with 21 years remaining, providing security and stability for the business.
4. The townhouse community is located near top schools, making it an attractive option for potential tenants.
5. The location also offers easy access to public transport, the M1, and shopping centers, making it convenient for tenants.
6. The managers villa is generously sized and includes an office on title, providing a comfortable living space for the manager.
7. The business package offers significant income, a comfortable home, and an excellent location, making it an attractive opportunity.
8. The net profit for the business is $320,000, indicating a profitable business.
9. The Body Corporate salary is $227,600 and is reviewed annually, providing potential for increased income.
10. The managers apartment is valued at $510,000 and includes 3 bedrooms, 2 bathrooms, and a 2 car garage.
11. The complex is a permanent residential complex with 120 units, with 32 units in the letting pool.
12. The majority of units in the complex (76) are owner-occupied, indicating a stable and well-maintained community.
13. The agreement module is "Accommodation" and has a term of 25 years, with 21 years remaining.
14. The complex also offers amenities such as a pool, spa, and gym, making it an attractive option for potential tenants.
Management Rights Multiplier: 5.50
ROI Estimate: 14.10%
