Bellbowrie, Queensland

Caretaking only Management Rights with income over $130k. | Resort Brokers ID : MRC006741

$957,000

Property Description

Sugarwood Grove Garden Villas is an expansive independent living complex on the outskirts of Brisbane's western suburbs in the lush green and amazingly quiet suburb of Bellbowrie. Featuring 80 stand alone freehold villas, this unique opportunity is for a couple looking to maintain a healthy income and live onsite as part of a heart warming community. Included in the price is a fantastic two bedroom and two bathroom managers unit with a large lockup garage.



  • Rare larger scale caretaking only management rights.

  • Strong caretaking salary of $130,814 per year.

  • Low maintenance tenants within an independent living community.

  • Currently easily managed by onsite couple.

  • Benefit of owning, living onsite and making a fantastic income.

  • Genuine reason for sale - current owners have been there 8 years.

  • Property inspections are by appointment only.

Date updated: 27 Jul 2021 15:00:10

Property Summary

Business Snapshot

Price: $957,000 Net Profit: $130,814 Remuneration / Body Corp Salary: $130,814

Managers Unit

Value of Managers Apartment: $499,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 80Owner Occupy Units: 1Agreement Term Remaining: 10 years
Marketing Agent
Listing location
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