Key Investment Insights
1. Priced at an exceptionally low 2.58X multiple, promoted as a fire-sale opportunity.
2. Net profit of $62,607, indicating clear current owner earnings.
3. Guaranteed Body Corporate salary of $56,020, providing secure baseline remuneration.
4. Low operational commitment, with no set office hours and only reasonable availability required.
5. 10 units in the letting pool within a 48-unit complex, offering steady rental income and potential to grow the pool.
6. Managers apartment valued at $598,000, a renovated 3-bedroom townhouse with air conditioning, private courtyard and garage.
7. Complex composition includes 31 owner-occupy units and 2 units under outside agents, suggesting owner-dominant community stability.
8. Agreement term submitted to be extended to 25 years, with 20 years currently remaining, supporting long-term value and security.
9. Prime Shailer Park location, approximately 5 minutes to Logan Hyperdome and Meadowbrook Golf Course.
10. Proximity to key amenities and transport links, near John Paul College, Griffith University, and the M1 with about 30 minutes to Brisbane and 35 minutes to the Gold Coast.
11. Retiring seller seeking a quick deal, implying urgency and potential for negotiation.
Management Rights Multiplier: 2.58
ROI Estimate: 38.74%
