Clayfield, Queensland
Fantastic, Compact Caretaking-Only MR in Brisbane's Exclusive Northside Suburbs | Resort Brokers ID : MRB007965
$150,000
Business Description
ResortBrokers presents an exclusive chance to secure a compact caretaking-only management rights comprising two small buildings in Clayfield and Ascot, Brisbane. The complexes, the Promenade on Clayfield and D Dobson in Ascot, collectively offer 20 upscale apartments, emphasizing a low-maintenance design with simple gardens and a small pool (at Promenade), enhancing the property's appeal without overburdening caretaking duties. With a minimal workload of just 5 hours per week across both sites, this opportunity is an attractive prospect for local operators seeking portfolio expansion without excessive commitments, backed by a competitive caretaking salary of $30,409.
The Vendor emphasizes the favourable relationship with the body corporates and the manageable responsibilities, making this a promising investment. This opportunity provides an alluring proposition for local operators aiming to capitalize on the convenient location coupled with minimal responsibilities in these prestigious suburbs.
- Promenade on Clayfield: Twelve luxurious apartments featuring tandem car parks
- D Dobson, Ascot: Eight modern, well-appointed residences in a vibrant neighbourhood.
- Effortless Caretaking:Minimal caretaking duties across both complexes, requiring only 5 hours per week, allowing you to focus on other ventures.
- Body Corporate pays for specialist work (including front hedges at Promenade)
- Convenient Location: Strategically positioned just 7 minutes apart in the sought-after suburbs of Clayfield and Ascot, offering the perfect blend of urban convenience and serene living.
- Caretaking Excellence:Benefit from a caretaking-only opportunity with the option of a letting agreement, ensuring a steady caretaking salary of $30,409.
- Inspections by appointment only.
Date updated: 26 Nov 2023 22:00:10
Business Summary
Business Snapshot
Price: $150,000
Net Profit: $30,409 Remuneration / Body Corp Salary: $30,409
Managers Unit
Complex Information
Complex Type: PermanentTotal Units in Complex: 20Total Units in Letting Pool: 2Holiday Units: 2Owner Occupy Units: 14Outside Agent Units: 4Agreement Term Remaining: 19 years
Key Investment Insights
1. Compact caretaking-only management rights opportunity in Brisbane's exclusive northside suburbs.
2. Comprises two small buildings, the Promenade on Clayfield and D Dobson in Ascot, with a total of 20 upscale apartments.
3. Low-maintenance design with simple gardens and a small pool at Promenade.
4. Minimal workload of just 5 hours per week across both sites.
5. Competitive caretaking salary of $30,409.
6. Favourable relationship with body corporates and manageable responsibilities.
7. Convenient location, just 7 minutes apart in sought-after suburbs of Clayfield and Ascot.
8. Option for a letting agreement to ensure steady caretaking salary.
9. Inspections by appointment only.
10. Price: $150,000 with a net profit of $30,409.
11. Complex type: Permanent with 20 units in total.
12. 2 units in the letting pool, 2 holiday units, 14 owner-occupied units, and 4 outside agent units.
13. Agreement term remaining: 19 years.