Loganholme, Queensland
Caretaking Only in South Side of Brisbane
Offers Over $849,000
Business Description
• Caretaking only
• No RE license required
• Long agreement term with 23 years remaining
• No facilities. Very low maintenance
• Easily managed by a sole operator, and as a second income with outside employment
• No set office hours
• Friendly body corporate committee
• Manager unit - low set, spacious rooms with a big backyard for offers over $550,000
• Easy access to all amenities, and to Brisbane and Gold Coast
Business Summary
Business Snapshot
Price: Offers Over $849,000
Remuneration / Body Corp Salary: $62,110Body corp salary review: CPI Annually
Managers Unit
Value of Managers Apartment: $550,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitleComplex Information
Complex Type: PermanentTotal Units in Complex: 42Agreement Module: StandardAgreement Term: 25 yearsAgreement Term Remaining: 23 years
Key Investment Insights
1. The business is caretaking only, meaning there is no need for a real estate license.
2. The agreement term with the body corporate is long, with 23 years remaining.
3. There are no facilities to maintain, resulting in very low maintenance for the caretaker.
4. The business can be easily managed by a sole operator and can be a second income while also having outside employment.
5. There are no set office hours, providing flexibility for the caretaker.
6. The body corporate committee is friendly and easy to work with.
7. The manager unit is a low set with spacious rooms and a large backyard, with an asking price of over $550,000.
8. The location of the business provides easy access to all amenities and major cities like Brisbane and Gold Coast.
9. The price for the business is listed as "offers over $849,000."
10. The remuneration or body corp salary for the caretaker is $62,110.
11. The body corp salary is reviewed annually and adjusted for CPI.
12. The manager's apartment has 3 bedrooms, 2 bathrooms, and 2 car spaces.
13. The office is included in the title of the manager's apartment.
14. The complex is a permanent type with a total of 42 units.
15. The agreement module is standard.
16. The agreement term is 25 years, with 23 years remaining.
