Key Investment Insights
Key Insights:
1. Strong income and high salary: The business offers a solid salary of over $279,000, indexed to CPI for future growth. This provides a stable and reliable source of income for the owner.
2. Flexible working schedule: The business allows for the flexibility to manage your own schedule, with no set office hours. All rents are paid electronically, eliminating the need to keep an office open.
3. Well-equipped: The business comes with all gardening equipment included, and financials allow for $20,000 in part-time gardening wages. This makes it easy for the new owner to take over and continue operations smoothly.
4. Prime location: The complex is situated in a high-demand rental area with easy access to local amenities such as shops, schools, and clubs. It is also just 10 minutes away from the Gold Coast Airport.
5. Ideal for couples or families: The complex is well-suited for a partnership or family operation, making it an attractive opportunity for those looking for a lifestyle business.
6. Fabulous residence included: The sale includes a spacious 4-bedroom free-standing residence with a fully enclosed yard and additional space for a boat or caravan. This adds value to the business and provides a comfortable living space for the owner.
7. Rare opportunity: This is a standout opportunity to secure a strong business in a thriving location, complete with a beautiful home and fantastic lifestyle benefits.
8. Manager's real estate included: The asking price of $3,365,000 includes the manager's real estate, making it a comprehensive and attractive package for potential buyers.
9. Large complex: The complex consists of 131 units, with 56 units in the letting pool. This provides a solid base for the business and potential for growth.
10. Pet-friendly: The complex is pet-friendly, making it an attractive option for tenants and potential buyers with pets.
Management Rights Multiplier: 4.97
ROI Estimate: 20.12%
