Coombabah, Queensland

Pure Caretaking Management Rights — Business Only, No Letting to Manage

SOLD

Business Description

Ras360 Property Solutions is pleased to present Cambridge Heights, a rare business-only caretaking management rights opportunity in Coombabah.

This is the type of simple, clean management rights business that buyers are constantly asking for: no manager’s unit to purchase, no letting pool to manage, no trust account software, no rent collection, and no tenant headaches. With 41 three-bedroom townhouses and caretaking duties only, Cambridge Heights offers a straightforward income stream backed by a Body Corporate salary of $71,884, with CPI reviews and approximately 24 years remaining on the Accommodation Module agreement through to January 2050.

The business is ideal for an operator seeking stable cash flow without the complications of a letting business. There are no set office hours, no live-onsite requirement, and no facilities to manage, making the workload highly practical and easy to structure around the successful buyer’s lifestyle. Essential equipment is already included, such as a ride-on mower, hedger, trimmer, chainsaw, weed sprayer and golf cart.

Priced at $350,000, with a verified net profit of $71,884 and an attractive ROI of 20.54%, Cambridge Heights represents an affordable entry point into the management rights industry, or a low-maintenance addition to an existing operator’s portfolio.

For buyers who want the security of Body Corporate salary income without the pressure of managing rentals, Cambridge Heights is a rare and highly appealing opportunity.

**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **

Business Summary

Business Snapshot

Price: SOLD Net Profit: $71,884

Complex Information

Complex Type: PermanentAgreement Term: 25 yearsAgreement Term Remaining: 24 years

Marketing Agent

Kevin Tsai

0403 44....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Pure caretaking management rights only, no letting responsibilities, no rent collection, no letting pool to manage.
2. Covers 41 three‑bedroom townhouses, providing a clear, single income stream from caretaking duties.
3. Verified net profit of $71,884, derived from a Body Corporate salary rather than rental commissions.
4. Strong contractual security, approximately 24 years remaining on the Accommodation Module agreement through to January 2050.
5. CPI reviews apply to the Body Corporate salary, offering inflation protection for income.
6. Low operational complexity, no manager’s unit to purchase, no trust account software, no tenant headaches.
7. Flexible working arrangements, no live-onsite requirement and no set office hours, suitable for lifestyle operators.
8. Low facilities management, minimal workload with no complex common facilities to maintain.
9. Essential groundskeeping equipment included, such as ride-on mower, hedger, trimmer, chainsaw, weed sprayer and golf cart, reducing immediate capex.
10. Attractive financial metrics at listed price: advertised price $350,000 with a reported ROI of 20.54%, positioning it as an affordable entry or low-maintenance portfolio add.
11. Located in Coombabah, offering local market access; listing status indicates the business is sold.