Kangaroo Point, Queensland

CARETAKING ONLY. NO REAL ESTATE

SOLD

Business Description

Offered as a Caretaker Only business.

No real estate to purchase.

Located within a premier Brisbane city suburb.

Modern, low maintenance building with a very attractive Body Corporate salary.

Elect to also operate a letting business and there is opportunity to place over half the apartments within your letting pool, dramatically increasing your income without acquisition costs.

Opportunities like this rare.

Contact us now before it’s gone!

Business Summary

Business Snapshot

Price: SOLD Net Profit: $37,332 Remuneration / Body Corp Salary: $37,332Business Value: $199,700Body corp salary review: CPI Annually

Managers Unit

No real estate to purchase.

Complex Information

Complex Type: PermanentTotal Units in Complex: 28Owner Occupy Units: 13Outside Agent Units: 15Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesGym: YesBBQ Area: YesPay TV: Yes

Other Features / Notes

No real estate to purchase.

Marketing Agent

Jim Lowe

0403 41....

Jim Lowe

0403 41....

Property Bridge

Key Investment Insights

AI generated. Confirm details with the seller.

1. Located in a premier Brisbane city suburb, providing a desirable and sought-after location for potential buyers.
2. Modern and low maintenance building, making it an attractive investment opportunity.
3. Offers a very attractive Body Corporate salary, providing a steady and stable income for the caretaker.
4. Opportunity to also operate a letting business, which can significantly increase income without acquisition costs.
5. Limited opportunities like this available, making it a rare and valuable investment opportunity.
6. No real estate to purchase, reducing acquisition costs and making it a more affordable investment option.
7. Complex is of a permanent type, providing a stable and consistent rental income for the caretaker.
8. Agreement term remaining is 21 years, providing long-term stability and security for the caretaker.
9. Complex offers amenities such as a pool, gym, BBQ area, and pay TV, making it a desirable living option for potential tenants.
10. Other features include owner occupy units and outside agent units, providing a diverse and stable rental pool for the caretaker.