Key Investment Insights
AI generated. Confirm details with the seller.
1. Business-only permanent management rights, no real estate purchase required, lowering capital outlay.
2. 25-year agreement with 23 years remaining, providing long-term contractual security.
3. Large, stable Body Corporate salary of $83,877 plus GST, with annual CPI increases, offering predictable base income.
4. Reported net profit of $101,351, indicating profitable operations.
5. Asking price $658,000, implying an approximate net profit yield of 15.4% per annum.
6. Very low operational workload, simple caretaking duties requiring only a few hours per week.
7. No requirement to live onsite, no office or office hours, increasing owner flexibility.
8. Minimal maintenance obligations, no swimming pool, no BBQ area, and minimal garden upkeep, reducing operating costs and complexity.
9. Prime central location close to Sunnybank, enhancing tenant demand and resale appeal.
10. All permanent rentals with a current rental pool of four and 19 additional units managed by outside agents, presenting clear upside to increase rental and sale income.
11. Seller highlights significant income growth potential, suggesting room to expand management scope or convert externally managed units.
