Key Investment Insights
AI generated. Confirm details with the seller.
1. Brand new 25 year full term agreement provides long term operating security.
2. Body corporate salary of $53,750 plus GST includes built in annual CPI increases.
3. Net profit stated at $99,550 against an asking price of $496,000.
4. No real estate purchase is required to operate the business.
5. No office hours, fixed office or onsite residence requirement supports flexible ownership.
6. Light caretaking duties include no swimming pool, minimal gardens and a rarely used barbecue area.
7. Manageable letting pool of 15 units consists entirely of permanent rentals.
8. Off the plan Brisbane management rights opportunity suits a low involvement second income strategy.