Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime location in the heart of Sunnybank Hills, with close proximity to shopping centres, schools, parks, and public transport.
2. Large Body Corporate salary provides stability and a solid income for the business.
3. Opportunity for a new owner to take over after 12 years of successful operation by current owners.
4. Verified income by specialist management rights accountants, providing transparency and assurance for potential buyers.
5. Upcoming increase in Body Corporate salary effective 6 June 2021, leading to an increase in net operating profit.
6. Annual Body Corporate salary review of 5% provides potential for continued growth and increased income.
7. Managers unit is well-presented with recent renovations to kitchen, bathrooms, and flooring.
8. Permanent complex with a total of 79 units and 23 units in the letting pool, providing a stable and consistent income stream.
9. Long agreement term of 25 years with 19 years remaining, providing security and stability for the business.
10. Opportunity for a new owner to further improve and grow the business, with potential for increased income and capital growth.
Management Rights Multiplier: 6.27
ROI Estimate: 12.77%
