Broadbeach, Queensland
Caretaking Opportunity in Broadbeach - No Real Estate to Purchase
$635,000
Business Description
This new, easy to maintain Management Rights complex is looking for a caretaker in this prime location of Broadbeach. This stunning hi-rise residential apartment complex is only 6 years old.
Featuring minimal facilities including a lap pool, gym, and sauna, this complex offers a streamlined caretaking role.
Caretaking duties include daily pool testing along with general cleaning of the foyer, lifts, apartment levels, residential common areas, and gymnasium. Gardening requirements are minimal, limited to mowing the front nature strip as needed, with no garden beds to maintain. The role focuses on ensuring the complex is consistently presented to an impeccable standard.
You are well compensated for your role as caretaker with a very generous Body Corporate remuneration of $119,755. Coupled with the flexibility of NO Set Office hours allowing you to manage your time efficiently to fulfill your duties around any existing commitments. Current single operator / caretaker commits 3-4 hours per day Monday to Friday and 1-2 hours Saturday and Sunday. This could be reduced if this was a duo team undertaking these daily duties.
Furthermore, there is no requirement to purchase real estate or reside onsite, affording you the freedom to maintain your current residence or purchasing this opportunity as an add on to an existing business.
With a lengthy 19.5 year agreement and no real estate commitments, this business opportunity presents an appealing investment prospect showing an 18% ROI.
Opportunities of this calibre in Broadbeach are tightly held and rarely offered contact me today to find out more.
Net Profit: $115,000
Property Code: 111
Business Summary
Business Snapshot
Price: $635,000
Body corp salary review: CPI Annually
Key Investment Insights
1. Prime Broadbeach location, highly sought after and rarely offered.
2. Modern 6‑year‑old high‑rise, likely low capital expenditure for building fabric.
3. Minimal facilities limited to lap pool, gym and sauna, enabling a streamlined caretaking workload.
4. Day‑to‑day duties clearly defined: daily pool testing, cleaning foyer, lifts, apartment levels, common areas and gymnasium.
5. Very low gardening requirements, only mowing the front nature strip as needed, no garden beds.
6. Generous Body Corporate remuneration of $119,755, with net profit reported at $115,000.
7. Purchase price $635,000, presenting an advertised 18% ROI.
8. Long security of income via a 19.5 year agreement, Body Corporate salary reviewed annually by CPI.
9. No real estate purchase required and no onsite residency obligation, offering flexibility to maintain current living arrangements or add to an existing business.
10. Flexible, no set office hours; current single operator averages 3–4 hours Monday to Friday and 1–2 hours on weekends, workload potentially reduced by splitting duties between two operators.
11. Simple, easy‑to‑maintain management rights model, suitable for an owner‑operator or small team.
12. Clear investment proposition with defined income, low operational complexity and strong location appeal.
