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EOI
Retirement management rights, Wynnum West QLD
Caretaking Only Business Prime Location in Wynnum West
An outstanding opportunity to secure a highly desirable caretaking-only management rights business in the peaceful and sought-after West District of Wynnum West.
This well-established senior villa complex is positioned in a quiet and convenient location, offering a relaxed working environment and a harmonious community atmosphere. The business provides a strong and consistent income stream while remaining genuinely easy to manage ideal for those seeking both financial security and lifestyle balance.
Key Highlights:
Attractive Annual Income Approximately $170,000
Stable and reliable income stream
Friendly and well-established senior community
Spacious two-bedroom managers residence
Ample shared car parking available
Low-maintenance and straightforward caretaking duties
Very easy-to-run operation with minimal workload
The current owners have maintained the complex with great care, ensuring smooth daily operations and an easy transition for the incoming manager.
With its excellent location, secure income, and simple operational structure, this is truly a rare opportunity in todays market.
Opportunities like this dont last long. Contact us today to arrange your inspection.
More Information
- Total Purchase Price: EOI
- Net Income: $ 170,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 500,000
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?