Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime Broadbeach location within a six year old high rise residential apartment complex.
2. Caretaking role includes minimal facilities, streamlining pool, gym, sauna and common area maintenance.
3. No set office hours provide flexibility to organise duties around existing commitments.
4. Current single operator reports approximately three to four weekday hours and one to two weekend hours daily.
5. No real estate purchase or onsite residence is required, supporting standalone or add on ownership.
6. Lengthy 19.5 year agreement provides extended tenure for the incoming caretaker.
7. Body Corporate remuneration of $119,755 is reviewed annually in line with CPI.
8. Minimal gardening requirements, limited to mowing the front nature strip as needed.
9. Current listing indicates an 18% return on investment and net profit of $115,000.
10. Broadbeach management rights opportunities of this calibre are described as tightly held and rarely offered.