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
Key Investment Insights
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.
