Key Investment Insights
1. Unique opportunity to acquire flexible management rights to a thriving residential complex in a sought-after suburb.
2. No set office hours, allowing for a perfect work-life balance.
3. Long agreement term of over 18 years, providing long-term security and peace of mind.
4. Solid Body Corporate salary, constituting 70% of total income, providing a reliable and substantial income stream.
5. Priced according to bank valuation, with a spacious stand-alone townhouse boasting three bedrooms, two bathrooms, and an attached office.
6. Unrestricted operational hours offering unmatched flexibility.
7. Located in a high-demand rental area, promising consistent tenant flow.
8. Manageable caretaking duties, ideal for both newcomers and experienced operators.
9. Backed by a supportive body corporate committee, fostering a harmonious business environment.
10. Net profit of $178,786 and remuneration/body corp salary of $86,263.
11. Manager's unit valued at $625,000 with three bedrooms, two bathrooms, and four car spaces.
12. Complex information includes 46 units, 16 in the letting pool, and a 25-year agreement with 18 years remaining.
Management Rights Multiplier: 3.43
ROI Estimate: 29.12%