Carrara, Queensland
Caretaking and Letting!!
$390,000
Business Description
Caretaking and Letting!!
This dated complex is situated in close proximity to excellent Public and Private Schools, Restaurants, Nerang and Robina shopping precincts, main access routes to both Coolangatta and Brisbane, and a bus stop at the entrance.
On offer - a great salary, no office hours, no need to live onsite and an opportunity to review the untapped potential.
To arrange an inspection please call: Gavin
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Business Snapshot
Price: $390,000
Net Profit: $91,000 Remuneration / Body Corp Salary: $76,000
Key Investment Insights
1. Business is a combined caretaking and letting operation for a dated residential complex, offering both maintenance and rental management services.
2. Asking price is $390,000, with reported net profit of $91,000, providing clear financial metrics for valuation.
3. Reported remuneration or body corporate salary is $76,000, indicating an established owner/operator income stream.
4. Opportunity advertised to review and realise untapped potential, suggesting upside through improvements to the property or business processes.
5. No requirement to live onsite, increasing flexibility for owner operators or absentee owners.
6. No office hours required, implying flexible work arrangements and lower fixed overheads.
7. Complex described as dated, indicating potential value-add via upgrades, refurbishment or repositioning.
8. Location is close to excellent public and private schools, enhancing appeal to families and long-term tenants.
9. Proximity to Nerang and Robina shopping precincts and nearby restaurants supports tenant demand and convenience.
10. Accessible transport links include main access routes to Coolangatta and Brisbane, plus a bus stop at the complex entrance, supporting commuter tenants.
