Key Investment Insights
1. Close proximity to excellent shopping centres, making it convenient for residents to access amenities and services.
2. Walking distance to train and bus stations, providing easy transportation options for residents.
3. No requirement for the manager to live on site, allowing for flexibility and potential for additional income by renting out the manager's unit.
4. High demand for rentals in the complex, indicating a strong rental market in the area.
5. No office hours, providing a low-stress work environment for the manager.
6. Supportive Body Corporate, potentially making it easier to manage the complex and address any issues that may arise.
Management Rights Multiplier: 5.28
ROI Estimate: 18.93%