Key Investment Insights
Key Insights:
1. The business has a high net profit of $333,723, with a multiplier of only 4.12, making it a very profitable investment.
2. The job is simple and easy, with most of the garden work covered by the Body Corporate, providing a low-stress and low-maintenance opportunity.
3. The Body Corporate salary is stable and high at $112,000, with CPI increases, ensuring a steady income for the manager.
4. The location of the business is highly sought-after and convenient, with everything within walking distance, including a beautiful beach, shops, restaurants, and public transport, making it a popular holiday destination and ensuring stable, high-demand bookings.
5. The business has a long-term 25-year agreement, with 24 years remaining, providing security and stability for the manager.
6. The rental mix is well-balanced, with a small percentage of units in the letting pool (26 total: 17 holiday, 9 permanent), offering security for earnings. There is also potential for income growth with 15 units currently under outside agents.
7. The business has been established for over a decade, with a solid foundation and a strong reputation.
8. The manager's residence is excellent, with 2 bedrooms, 1 bathroom, and secure underground parking for 1 car, providing comfortable and convenient living for the manager.
9. The business also includes an exclusive-use professional office and reception area with plenty of storage, providing a dedicated and professional space for the manager to work.
10. The asking price of $2,250,000 includes the manager's real estate, making it a great value for the potential return on investment.
11. The business is located in the centre of the Gold Coast, a highly desirable location for both holidaymakers and residents, providing a continuous stream of income.
12. This opportunity offers the potential for high profits on a continuous basis, making it an attractive investment for those looking for a stable
Management Rights Multiplier: 4.12
ROI Estimate: 24.27%