Key Investment Insights
AI generated. Confirm details with the seller.
1. Business-only permanent management rights offering, no real estate purchase required.
2. No requirement to reside onsite, enabling remote or part-time ownership.
3. No office attached and no set office hours, supporting flexible operations and low overhead.
4. Minimal gardening and maintenance responsibilities, caretaking duties described as extremely simple and requiring minimal hours.
5. Stable Body Corporate salary of $20,386 plus GST, with annual CPI increases providing predictable recurring income.
6. Strong reported net profit of $35,015, indicating healthy cash returns from operations.
7. Asking price $208,000, implying an approximate earnings multiple of 5.9 times net profit.
8. Secure 25-year Accommodation Module agreement in place, with approximately 17 years remaining, offering long-term contractual security.
9. Current letting pool of six units, suggesting a small, manageable tenant base and limited operational complexity.
10. Premium Brisbane Southside location adjacent to Sunnybank Hills, close to all major amenities, enhancing lettability and resale appeal.