Key Investment Insights
AI generated. Confirm details with the seller.
1. Caretaking only model provides recurring Body Corporate remuneration of $57,148 with no letting component or rent roll to manage.
2. The operation covers just 24 townhouses, supporting a simple and manageable business structure.
3. No set office hours and low operational input provide flexibility for lifestyle commitments or other work.
4. CPI linked annual remuneration reviews provide an established mechanism for future Body Corporate salary adjustments.
5. The business suits a single operator, second income buyer or purchaser seeking an add on management rights opportunity.
6. A potential growth avenue exists to establish a letting business within the complex and build a rent roll over time.
7. The Riverside Maroochydore location adds local appeal, with pool facilities included within the complex.
8. The business is offered at $195,000, with a stated Body Corporate salary of $57,148.