Key Investment Insights
1. Rare opportunity to acquire a combined permanent MLR and rent roll business within 10km of Sydney's CBD.
2. Modern high-rise complex with 242 apartments, well-run and neatly maintained.
3. 25-year agreements in place with 12 years remaining, providing stability and potential for growth.
4. Verified net profit of approximately $500,000, making this a highly profitable business.
5. Includes an external rent roll with potential for further growth.
6. On-site amenities include an indoor pool, spa, and gymnasium.
7. Real estate includes a well-appointed 1-bed penthouse apartment with secure carpark.
8. Manager's office with meeting room on ground floor under title.
9. Additional storage areas, ample parking, and low maintenance gardens.
10. Inspections by appointment only, highlighting the exclusivity of this opportunity.
Management Rights Multiplier: 4.40
ROI Estimate: 22.75%