Key Investment Insights
AI generated. Confirm details with the seller.
1. Management agreements recently topped up to 22 years, providing long-term stability for the business.
2. Ideal business for industry beginners or semi-retired individuals, making it a great opportunity for those looking to enter the industry.
3. Located in a gated community in a sought after location, providing a desirable living environment for tenants.
4. Backing onto a park and Wynnum's foreshore, offering a peaceful and picturesque setting for residents.
5. Large renovated Managers unit with a spacious office and private rear yard, providing comfortable living quarters for the managers.
6. Low maintenance common grounds, reducing the workload for the managers and making it an easier business to manage.
7. No set office hours, allowing for a flexible work schedule for the managers.
8. Supportive Body Corporate Committee, making it easier to manage the complex and resolve any issues that may arise.
9. Close proximity to public transport, shopping centres, and schools, making it a convenient location for residents.
10. Only 15 minutes to CBD, providing easy access to city amenities and opportunities.
Management Rights Multiplier: 4.70
ROI Estimate: 10.70%
