Labrador, Queensland
Caretaking Only!!
SOLD
Business Description
Caretaking Only!!
This 3 storey walk up complex is situated within walking distance from the Broadwater.
The convenience factor of this complex is superb with easy access to shopping, restaurants, public transport and the Broadwater with children’s playground and family BBQ area.
The ideal add on, or entry for a new management rights owner.
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: SOLD
Net Profit: $23,800 Remuneration / Body Corp Salary: $23,800
Complex Information
Complex Type: CaretakerTotal Units in Complex: 15Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: Yes
Key Investment Insights
1. Caretaking only role, indicating limited operational responsibilities relative to full management rights.
2. Net profit and body corporate remuneration reported at $23,800, providing clear current income metrics.
3. Complex consists of 15 units, suggesting a small to medium scale operation.
4. 25 year agreement term with 20 years remaining, offering long-term contractual security.
5. Agreement module listed as accommodation, aligning the caretaking role with residential oversight.
6. Three storey walk-up building, implying no lift and potentially lower maintenance complexity and capital expenditure.
7. On-site pool, adding amenity value for residents and appeal to potential buyers or tenants.
8. Situated within walking distance of the Broadwater, enhancing lifestyle and rental appeal.
9. Excellent local convenience, with easy access to shopping, restaurants and public transport.
10. Proximity to Broadwater recreational facilities, including a children’s playground and family BBQ area, improving family-friendly appeal.
11. Described as an ideal add-on or entry for a new management rights owner, signalling suitability for buyers seeking a low-complexity foothold.
12. Listing marked as SOLD, indicating the sale status at the time of the advertisement.
