Labrador, Queensland
Add On Caretaking!!
$105,000
Business Description
Add On Caretaking!!
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. Images might not depict this complex.
The ideal add on, or entry for a new management rights owner. No office hours, no need to live onsite and no real estate to purchase.
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: $105,000
Net Profit: $29,100 Remuneration / Body Corp Salary: $29,100
Complex Information
Complex Type: CaretakerAgreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 8 yearsPool: Yes
Key Investment Insights
1. Add-on caretaking business listed for $105,000, positioned as an inexpensive entry into management rights ownership.
2. Reported net profit and body corporate remuneration $29,100, providing an implied cash return of about 27.7% on the asking price.
3. Caretaker complex type with a standard agreement module, 10-year term originally, 8 years remaining, offering a defined contractual income stream.
4. No office hours required and no requirement to live onsite, indicating low daily time commitment and flexible operational arrangements.
5. No real estate to purchase, reducing upfront capital outlay and simplifying transaction structure.
6. Small three-storey walk-up building, implying stair-only access and likely lower maintenance/operational complexity compared with high-rise sites.
7. Complex includes a pool, adding amenity value for residents and potential appeal to buyers and tenants.
8. Prime location within walking distance of the Broadwater, enhancing lifestyle appeal and tenant demand potential.
9. Close proximity to shopping, restaurants and public transport, supporting convenience for residents and occupancy stability.
10. Adjacent recreational offering including a children’s playground and family BBQ area, increasing family-friendly appeal.
