Key Investment Insights
1. The business is an upmarket complex with potential for increased income.
2. The asking price for the business is negotiable.
3. The complex has a net profit of $279,536.
4. The remuneration/body corp salary is $169,534.
5. The managers unit is valued at $520,000 and has 4 bedrooms.
6. The complex is a permanent type with a total of 124 units.
7. 48 units are currently in the letting pool.
8. 76 units are owner-occupied.
9. The agreement term remaining is 20/16 years.
10. A selection of photographs and a total I M and Valuation report are available for interested parties.
Management Rights Multiplier: 5.22
ROI Estimate: 19.15%