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Crazy 3.72x with 26.87% ROI Caretaking only with No Real Estate to purchase
$299k - Business Only Caretaking
Permanent Management Rights, COOMBABAH QLD
This business-only Management Rights opportunity offers exceptional value for buyers seeking a flexible, low-overhead caretaking role without the requirement to purchase a managers unit. With a remarkably low multiplier of 3.72x and a strong return on investment of 26.87%, this is an ideal entry-level or add-on acquisition for those looking to secure a stable income stream.
The agreement covers 48 townhouses and delivers a healthy Body Corporate salary of $80,355 per annum. The role is caretaking-only meaning there is no letting pool component, no rentals to manage, and no real estate licence required. Duties are straightforward and primarily involve the upkeep of common areas to ensure the complex is well-presented and maintained to Body Corporate expectations.
Another attractive feature is the flexibility of operation: there is no requirement to live onsite and no managers residence included in the sale. You can run the business from home, and while you must remain contactable during regular business hours, there is no obligation to maintain set office hours.
This rare business-only model suits a hands-on operator who values lifestyle, flexibility, and predictable income without the commitments associated with traditional Management Rights. With strong financials, an appealing workload, and no property purchase needed, this is a standout opportunity for newcomers, semi-retirees, downsizers, or existing operators looking to expand their portfolio with a low-maintenance, high-return business.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $299k - Business Only Caretaking
- Net Income: $ 80,355
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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