Key Investment Insights
AI generated. Confirm details with the seller.
1. Permanent management rights in Sinnamon Park, offering long-term income potential.
2. Body Corporate salary of $108,658, with guaranteed annual increases of 3% or CPI, providing predictable revenue growth.
3. Complex described as very popular with tenants, indicating strong occupancy demand.
4. More than 20 long agreements on agreement, suggesting stable, recurring rental income.
5. Small letting pool of 12 lettings, enabling an undisturbed lifestyle and manageable operational workload.
6. Spacious separate office provided, enabling on-site administration and client meetings.
7. No set office hours, offering operational flexibility and lifestyle appeal for owner-operators.
8. Business characterised as very well run and well established, implying low operational risk.
9. All procedures documented, facilitating smooth transition and straightforward training for new owners.
10. Positioned as ideal for a family or semi-retired couple, highlighting lifestyle and succession suitability.
11. Presented by NEXT Realty, indicating agency representation for sale and marketing support.