Key Investment Insights
AI generated. Confirm details with the seller.
1. 25-year full-term off-the-plan agreement offers long-term contract security and income visibility.
2. Business-only sale, no real estate purchase required, with optional onsite units available for owner-occupiers.
3. Guaranteed body corporate salary of $53,750 plus GST, with annual CPI increases providing predictable revenue growth.
4. Reported net profit of $99,550, indicating strong profitability relative to the asking price.
5. Asking price $496,000, implying an investment payback and yield to be assessed against the disclosed net profit.
6. Exceptionally low maintenance burden, specifically no swimming pool, minimal gardens, and a rarely used BBQ area.
7. Ultimate operational flexibility, no set office hours, no fixed office location, and no requirement to live onsite.
8. Manageable letting pool of 15 units, all permanent rentals, simplifying letting operations and reducing turnover work.
9. Very light caretaking duties requiring minimal hours, supporting a low-stress, second-income or absentee ownership model.
10. Brisbane location and listed broker contact Bill He, Property Code 1154, facilitating local enquiries and inspections.