Camberwell, Victoria

CARETAKING BUSINESS FOR MODERN APARTMENT COMPLEX IN CAMBERWELL - NO LETTING | Resort Brokers ID : MRC008519

$546,784

Business Description

Our motivated vendors are ready to sell this easy to run business that would make a great addition to an existing portfolio or a smart choice for a newcomer to the building management space. With a gross turnover of $150,000 and minimal overheads it would suit a two person team prepared to be hands-on to perform the duties.

- 15 years remaining on Caretaking (BMA) agreement
- OC pays a handsome salary over $150,000 per annum with annual CPI review
- Situated in Camberwell the building was completed in 2014
- Complex consists of 137 apartments in total and has 4 retail lots to ground level
- Resident vegetable garden, bookable BBQ area courtyard and secure parking
- Garden wall in foyer with beautiful reception and seating area
- Current owners use contract cleaners which can be terminated anytime
- Building manager attends weekly & works off-site for approx. 14 hours p/w
- OC requires onsite presence Mon to Sat which is covered by cleaners currently
- Ideal acquisition for newcomers to industry
- No P&L available as run under management and tied in with other properties
- Option to combine this with another caretaking business owned by same vendors
- All inspections by appointment only
Date updated: 04 Dec 2024 22:00:02

Business Summary

Business Snapshot

Price: $546,784 Net Profit: $156,224 Remuneration / Body Corp Salary: $156,224

Complex Information

Complex Type: PermanentTotal Units in Complex: 137Agreement Term Remaining: 25 years
Marketing Agent
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