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Caretaking Business Only with Minimal Facilities
$210k - Business Only Caretaking
Permanent Management Rights, RUNAWAY BAY QLD
This is a rare opportunity to secure a caretaking-only management rights business for a residential complex in the heart of Runaway Bay. With just twenty-three apartments in the building, this is a manageable, lifestyle-friendly operation ideal for someone who values simplicity and location. Situated moments from the Broadwater with its waterfront parklands, walking tracks and recreational areas, and close to shops, restaurants and public transport, the position offers an enviable coastal lifestyle.
This complex is home to a central swimming pool, maintained garden and a barbecue area. The Body Corporate handles pool maintenance, taking care of one of the more time-consuming caretaking tasks. With no bins to manage and no office hours to keep, the day-to-day workload is minimalmaking this one of the more straightforward caretaking roles on the Gold Coast.
The business is underpinned by a reliable Body Corporate salary, providing a steady and predictable income stream. For an experienced operator, it's a low-maintenance addition to an existing portfolio. For a newcomer, it's an accessible entry point into the management rights industry without the steep learning curve of a larger or more complex scheme.
What sets this opportunity apart is the balance it strikes between ease of operation and quality of life. Residents benefit from an onsite caf and the community feel of a boutique complex, while the Runaway Bay location delivers shopping centres, marinas, Harbour Town and easy M1 access. Caretaking-only rights in sought-after coastal locations like this are increasingly raredon't miss it.
Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: $210k - Business Only Caretaking
- Net Income: $ 55,113
(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