Margate, Queensland
Part Time Caretaking Opportunity - $105k Income No Unit to Purchase
$530,000
Business Description
Hotel Resort Sales is pleased to present an exceptional opportunity to acquire two Caretaking Only management rights businesses. The Margate complex occupies a prime waterfront location, while the Scarborough complex is positioned in a sought-after beachside setting, with both situated within 10 minutes drive of each other.
Both apartment complexes are modern builds, only 5 and 6 years old, and offer an easy-to-manage operation with minimal facilities.
This opportunity is perfectly suited as an add-on to an existing portfolio or for those seeking a flexible, part-time business. With no set office hours and no requirement to live onsite, it allows you to maintain an excellent work–life balance.
Caretaking responsibilities are straightforward, including pool maintenance, light gardening/lawn care, and ensuring the complexes remain well-presented. The role is well rewarded with a generous combined Body Corporate remuneration of $105k. Furthermore, there is an opportunity if you have an RLA licence to secure permanent rentals into your letting pool to increase the net profit even further.
Additional benefits include:
- Freedom to live offsite – no real estate purchase required
- Simple caretaking duties with minimal facilities
- Healthy years remaining on the agreements, providing long-term security
- No Weekends
This is a streamlined, low-maintenance business with excellent returns and flexibility.
With healthy years on the agreements and no real estate commitments, this is an exceptional business opportunity. Call Craig today to discuss further.
Net Profit: $100,000
Property Code: 89
Business Summary
Business Snapshot
Price: $530,000
Net Profit: $100,000 Remuneration / Body Corp Salary: $105,000Body corp salary review: CPI Annually
Complex Information
Complex Type: Permanent
Key Investment Insights
1. Two modern apartment complexes in prime waterfront and beachside locations.
2. Easy-to-manage operation with minimal facilities.
3. Perfect add-on to an existing portfolio or for those seeking a flexible, part-time business.
4. No set office hours and no requirement to live onsite, allowing for an excellent work-life balance.
5. Straightforward caretaking responsibilities with a generous combined Body Corporate remuneration of $105k.
6. Opportunity to increase net profit through securing permanent rentals into the letting pool with an RLA licence.
7. Freedom to live offsite with no real estate purchase required.
8. Healthy years remaining on the agreements, providing long-term security.
9. No weekend work required.
10. Streamlined, low-maintenance business with excellent returns and flexibility.
