Key Investment Insights
AI generated. Confirm details with the seller.
1. Two adjacent Management Rights businesses offered together in the South Bank precinct, creating immediate scale and operational synergies.
2. Combined total income of $495,774 across multiple Body Corporate agreements, indicating a diversified and resilient revenue base.
3. Net profit reported at $474,744, with remuneration or Body Corporate salary of $276,754, showing strong owner returns.
4. Sale includes the manager’s apartment and office, manager’s unit valued at $900,000, 2 bedrooms, 2 bathrooms, 1 car space, providing capital value and convenience.
5. No requirement to reside onsite, offering flexibility for owner-operators or passive investors.
6. Both short-term and permanent letting permitted, enabling revenue optimisation and responsiveness to market demand.
7. Prime inner-city location near South Bank, close to the CBD, transport links, lifestyle amenities, and major employment and education hubs, supporting sustained tenant demand.
8. Well established operational model, with the majority of day-to-day activities handled by onsite managers and additional support from a part-time receptionist, wages transparently included in P&L.
9. Large complex scale: 144 total units, 56 in the letting pool, 62 owner occupied, 25 managed by outside agents, and 1 lockup unit, indicating significant market share and scope to grow the letting pool.
10. Long agreement structure, 25 year term with 15 years remaining, providing long‑term contract security and continuity of income.
11. Rare market offering for Management Rights of this size and configuration in a tightly held inner-city precinct, attractive to experienced operators or strategic investors.
12. Current sale status under contract or offer, signalling market interest and transaction momentum.
Management Rights Multiplier: 5.83
ROI Estimate: 12.94%
