Ashmore, Queensland
Ashmore Caretaking Only, Strong Salary $120,000
SOLD
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
Business Snapshot
Price: SOLD
Remuneration / Body Corp Salary: $0
Complex Information
Complex Type: PermanentTotal Units in Complex: 32Agreement Term: 25 yearsAgreement Term Remaining: 13 years
Key Investment Insights
1. The business for sale is an 'add-on' Management Rights opportunity for Belmont Grange and Broni, a 32-unit townhouse complex in the highly sought-after Southport area.
2. The business is offered as a caretaking-only option, with no real estate purchase required and no need to live onsite.
3. The developer has expertly managed the complex for 15 years and is now ready to pass on the reins.
4. The location of the complex is prime, with a high demand for businesses in this area.
5. The business offers a low-stress venture with a lucrative caretaking salary of $38,194 per year (excluding GST) and yearly CPI increases.
6. The duties of managing the complex are manageable, with only 32 units to oversee.
7. This opportunity is perfect for existing local owner-operators looking for an excellent expansion opportunity.
8. The complex is a permanent type with a 25-year agreement term, with 13 years remaining.
9. The demand for businesses like this is soaring, making it a golden opportunity for success.
10. The letting agreement is included in the caretaking-only option, and there are no office hours required.
