Ashmore, Queensland
Ashmore Caretaking Only, Strong Salary $120,000
Under Contract / Offer
Business Description
RAAS presents exclusive 'add-on' Management Rights for sale and the best part? No real estate purchase is required, and no need to live onsite!
Introducing Belmont Grange and Broni, a charming 32-unit townhouse complex expertly managed by the developer for an impressive 15 years. Now, the developer is ready to pass on the reins.
🔹 Prime Location: Situated in the highly sought-after Southport area, the demand for businesses like this is soaring, making it a golden opportunity for success.
🔹 Caretaking-Only Option: With the business offered as a caretaking-only opportunity, you'll enjoy the benefits of a low-stress venture with the letting agreement included and No Office Hours.
🔹 Lucrative Salary: Earn an attractive caretaking salary of $38,194 per year (excluding GST), with yearly CPI increases to ensure your investment keeps growing.
🔹 Manageable Duties: With just 32 units to oversee, you'll find the responsibilities easy to handle, allowing you to focus on what matters most.
🔹 Perfect Add-On: If you're an existing local owner-operator searching for an excellent expansion opportunity,
Business Summary
Complex Information
Complex Type: PermanentTotal Units in Complex: 32Agreement Term: 25 yearsAgreement Term Remaining: 13 years
Key Investment Insights
1. Prime location in highly sought-after Southport area
2. Caretaking-only option with low-stress and no office hours
3. Lucrative salary of $38,194 per year with yearly CPI increases
4. Manageable duties with only 32 units to oversee
5. Perfect add-on opportunity for existing local owner-operators
6. No real estate purchase required
7. No need to live onsite
8. Developer has expertly managed the complex for 15 years
9. Golden opportunity for success due to high demand in the area
10. Complex type is permanent with 32 units in total
11. Long agreement term of 25 years with 13 years remaining.