Simple Caretaking Business with 20-Year Agreements

Permanent Management Rights for Sale in Smithfield, QLD — $249k - Low Priced & Rare Caretaking Only

Simple Caretaking Business with 20-Year Agreements

Key facts

Price
$249k - Low Priced & Rare Caretaking Only
Location
Smithfield, QLD 4878
Type
Permanent Management Rights
Net income
$63,138 (actual)
Caretaking remuneration
$63,138
Total units in complex
28
Agreement term (years)
25
Agreement remaining (years)
19
Office hours
N/A
Listed by
Ras360
Listing ID
21174834
Last updated
2026-09-10

Description

If you've been searching for a simple, low-maintenance entry into the management rights industry, Arcadia Gardens deserves your attention. This rare caretaking-only business offers a secure income, minimal complexity and genuine future upside.<br />
<br />
⭐ Key Investment Highlights<br />
•💰 Caretaking Salary $63k+<br />
•💼 Business Price: $249k<br />
•📈 Return on Investment: 25%+<br />
•📅 19 Years Remaining on Accommodation Module Agreements<br />
•🔑 18 externally managed rentals (genuine upside)<br />
•📋 Strong Body Corporate Salary<br />
<br />
Clean caretaking-only opportunities—particularly those with latent letting potential—remain tightly held and highly sought after.<br />
<br />
The Opportunity<br />
Arcadia Gardens is a well-established unit complex comprising 28 one-bedroom apartments, operating under an Accommodation Module with a solid 20 years remaining.<br />
With no rentals to manage, this is a true caretaking-only business—ideal for buyers seeking simplicity, lifestyle, and predictable income without the operational intensity of a full letting business.<br />
However, the real story here is the embedded upside.<br />
Approximately 18 units are currently externally managed, presenting a clear pathway for a new operator to organically build a letting portfolio over time.<br />
<br />
Income Profile<br />
• Body Corporate Salary: $63,138.33 + GST <br />
• Potential Letting Income (External Pool):<br />
Based on conservative rental assumptions:<br />
≈ $28k+ p.a. additional income available to target <br />
<br />
This creates a compelling hybrid income model:<br />
• Secure, indexed salary <br />
• Plus scalable letting income (optional, not essential) <br />
<br />
Why It Stands Out<br />
1. True Entry-Level Simplicity<br />
- No letting pool means reduced workload, minimal staffing requirements, and straightforward operations.<br />
2. Accommodation Module Security<br />
- 20 years remaining provides long-term tenure and finance-friendly structure.<br />
3. Proven Rental Demand<br />
- Cairns continues to experience strong demand for affordable, smaller-format accommodation, particularly one-bedroom product catering to singles, workers, and transient residents.<br />
4. Genuine Upside (Not Hypothetical)<br />
- With ~18 externally managed units already in the complex, the pathway to building a letting pool is tangible—not speculative.<br />
5. Lifestyle + Income Balance<br />
- Perfectly suited to owner-operators seeking a manageable business with the flexibility to scale involvement over time.<br />
<br />
Ideal Buyer<br />
• First-time management rights buyer <br />
• Semi-retired operator seeking stable income <br />
• Existing operator looking for a bolt-on or low-intensity second business <br />
• Investor wanting a “salary + upside” model without operational complexity <br />
<br />
The Bottom Line<br />
Opportunities like Arcadia Gardens sit in a high-demand niche of the market—affordable, easy-to-run caretaking businesses with clear future growth potential.<br />
Secure the income today. Unlock the upside tomorrow.<br />
<br />
** Ras360 Property Solutions – Specialists in Management Rights | Motels | Hotels | Pubs | Parks **

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