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Leafy Mudgeeraba Caretaking Only Opportunity - Lifestyle Meets Strong Returns
$1,505,000
Caretaking management rights, Mudgeeraba QLD
Hotel Resort Sales presents an opportunity to secure a beautifully maintained caretaking-only business in a residential complex in the highly sought-after, leafy suburb of Mudgeeraba.
Perfectly suited to an owner-operator who enjoys gardening and outdoor work, this complex offers a relaxed lifestyle compensated with a healthy body corporate salary. With a strong net operating profit of $115k and an exceptional 25% return on business investment, this business delivers both simplicity and solid returns.
Positioned within a secure, gated residential estate and framed by lush parklands, a magnificent central pool and BBQ area this complex delivers a peaceful lifestyle without compromising on convenience. Residents enjoy close proximity to quality public and private schools, Robina Town Centre, golf courses, hospitals, public transport, and the Gold Coasts iconic beaches.
The managers freestanding residence is a standout feature, this spacious home is approximately 368sqm. Designed for comfort and entertaining, it offers expansive open-plan living and dining areas that flow seamlessly to a private alfresco courtyard. With three bedrooms, separate office, two bathrooms, and parking for up to five vehicles, the residence represents outstanding value.
This is a genuine caretaking-only opportunity, with no letting pool, no fixed office hours, and the flexibility to manage duties in your own time. Ideally suited to a single operator or couple seeking a relaxed, lifestyle-focused role. The position is supported by a cooperative Body Corporate and residents, along with a proven history of regular agreement top-ups.
Key Highlights:
* Strong $1115k net profit
* Impressive 25% Return on the Business
* Caretaking-only, no letting, no set office hours
* Easily operated by one person
* Spacious 3 bed, 2 bath, 5 car residence (approx. 368sqm)
* Large office with separate entrance
* Opportunity to generate additional income via sales in the complex<
* Supportive Body Corporate with proven top-up history
* With a multiplier of less than four, this business is priced to sell.
Call Craig today to discuss further.
Net Profit: $115,000
Property Code: 119
More Information
- Total Purchase Price: $1,505,000
- Net Income: $ 115,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,050,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?