28 Island Drive, Airlie Beach, Queensland

CARETAKER AGREEMENT - WHITSUNDAY MEWS - CANNONVALE AIRLIE BEACH

SOLD

Business Description

*First time offered in 20 years
*Very rare and extremely affordable opportunity to acquire a very well established and profitable business without any further capital expense
*Easily run by management couple or sole operator
*Caretaker duties only in a well established 52 home residential complex
*Current income $81,756 (ex GST) per annum increasing by CPI annually or 3% per annum whichever is greater so considerable income to be earned over next 5+ years
*In addition to Caretaking income agreement allows for monthly expenses of up to $3,720 per annum for motor vehicle and similar expenses
*Caretaker agreement remains current until 30 September 2029 and potentially a purchaser may be able to negotiate a new agreement beyond that date with the Body Corporate
For Sale by Private Treaty at Offers to Purchase in excess of $350,000 which includes a freehold well appointed two bedroom Managers Unit

Business Summary

Complex Information

Marketing Agent
Peter Ward
Peter Ward

Key Investment Insights

AI generated. Confirm details with the seller.

1. Rare opportunity to acquire a well-established and profitable business in the Whitsunday Mews complex.
2. No further capital expense required, making it an affordable investment.
3. Can be easily managed by a couple or sole operator.
4. Caretaking duties only, in a well-established 52 home residential complex.
5. Current income of $81,756 (ex GST) per annum, with potential for further income growth over the next 5+ years.
6. Agreement allows for monthly expenses of up to $3,720 for motor vehicle and similar expenses.
7. Current caretaker agreement in place until 30 September 2029, with potential for negotiation of a new agreement with the Body Corporate.
8. Sale includes a freehold well-appointed two bedroom Managers Unit.
9. Located in the highly desirable area of Cannonvale Airlie Beach.
10. First time offered for sale in 20 years, indicating a stable and successful business.
11. Potential for a new owner to increase income through additional services or improvements to the complex.
12. Strong and consistent demand for residential properties in the Whitsunday Mews complex.
13. Opportunity for a new owner to live on-site and enjoy the lifestyle benefits of the Whitsundays.
14. Potential for long-term growth and profitability in the Whitsunday Mews complex.
15. Highly sought-after location in a popular tourist destination.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Complex Management / Caretaking Opportunity
Taree Freehold Motel with Genuine Growth Potential - 1284MF
OUTSTANDING $338K NETT INCOME WITH EXCEPTIONAL BODY CORPORATE SALARY
Townsville Customs House | A Landmark of North Queensland’s History
Don't Regret Missing Out On This One - 1585ML
Cambridge Champion FHGC
Mermaid Beach-Caretaking Only
The Gem on Brisbane City Fringe - ID 8862
Caretaking Only - No office hours - no real estate purchase or licence required | Resort Brokers ID : OTP009307
Low real estate buy-in required, 2.6 x multiplier, 38% ROI
Spicers Sangoma Retreat
Beachside Holiday Management Rights with Flexibility to Reside Offsite
High Net Profit $363,574, Low Multiplier 4.40 in Main Beach - ID 9237
Strong Regional Performer – Established Leasehold Motel with Genuine Upside
FOR SALE The Last Resort, Karamea FHGC
Stunning 3-Bedroom Freehold Villa with Unobstructed Golf Course Views
Exceptional Picton Motel Opportunity
FREEHOLD - Hara House, Bright VIC - 1P0613