2.3x! Is this the lowest multiplier in SEQ?

Owner wishes to retire and therefore is selling this business at one of the lowest multipliers seen in the South East for some time. In what is a true "one man band" type of operation, this complex has real estate to purchase but no requirement to live onsite which means you can rent out the residence and earn an extra income. A modest net profit of $57k and all the best caretaking equipment including ride on lawn mower, this complex is a great semi-retirement option or an add on for those in the area.

  • 42 units in the complex
  • One man operation working part-time
  • Unit can be rented out
  • Full-term 25-year agreements
  • $57k net profit
  • $49k BC salary
  • 2.3x Multiplier!
  • Property inspections are by appointment only
Nathan Eades

Interested? Why not give Nathan Eades a call on 0448 339 920 or