Abbotsford, Victoria

CARETAKING BUSINESS GROSSING NEARLY $140K IN MELBOURNE'S NORTH-EAST SUBURBS | Resort Brokers ID : MRC008517

$486,318

Business Description

Price Reduced Ready for Sale! Be quick to enquire about earning a six figure income in return for efficiently running a medium sized apartment building that is fully established and easy for new owners to transition into. With no letting in the building to worry about, this business is based purely on caretaking and building management duties. A fabulous option for first timers in the industry looking to gain invaluable experience to broaden future horizons.

- Annual Owner's Corporation salary of $138,948 p.a.
- Trenerry Apartments consists of 109 apartments over 6 levels and
- Located in Abbotsford about 1.2km out of the CBD centre
- 25 year Building Management Agreements with 13.5 remaining
- Facilities include a small courtyard and an impressive foyer entry with garden wall
- Onsite hours required are split between contracted cleaners & building manager
- Contracted cleaners can be terminated anytime
- The OC are satisfied with the current cleaning/staffing arrangements.

- Cleaning: Monday-Saturday – 5 Hours
- Building Management – Off-site management approx. 14 hours per week
- Public Holidays – Moving Bins Only (approx. 15-30 mins)

- No P&L provided as vendors tie in these operations with other properties they own/operate
- Option to combine this with another caretaking business owned by same vendors
- All inspections by appointment only
Date updated: 12 Jan 2025 22:00:06