Key Investment Insights
1. Rare fire-sale opportunity for a turnkey management rights business in Shailer Park
2. Net profit of $62,607 and secure $56,020 Body Corporate salary
3. Low-commitment management with no set office hours
4. 10 units in letting pool with potential for growth
5. Renovated 3-bedroom townhouse included in sale
6. Prime location near amenities such as Logan Hyperdome, Meadowbrook Golf Course, and universities
7. Motion to extend agreements to 25 years already submitted for upcoming AGM
8. Retiring seller looking for quick deal, priced to sell
9. Manager's unit valued at $598,000
10. Permanent complex with 48 units, 10 in letting pool
11. Agreement term of 25 years with 20 years remaining.
Management Rights Multiplier: 2.58
ROI Estimate: 38.74%