Palm Beach, Queensland

Palm Beach Caretaking Business $36,000 Unit $749,000

Under Contract / Offer

Business Description

If you're interested in managing a business that's easy to handle and is located just a short walk away from the stunning Palm Beach, Tallebudgera Creek, and the local surf club, then you shouldn't hesitate to act quickly on this opportunity.
This boutique caretaking business is perfect for first-time operators, semi-retired individuals, or solo operator who wants to work from home. The facilities are well-maintained, with gardens surrounding the complex, inground pools, and a BBQ area. As the caretaker, you'll only need to manage these facilities, the common stairwells, and the secure undercover car park, giving you plenty of time to focus on driving the business and enjoying the lifestyle that Palm Beach offers. You'll have access to the gorgeous beaches, the fantastic swimming spots along Tallebudgera Creek, surf clubs, cafes, and restaurants. And, it's all just a stone's throw away from the beautiful Burleigh Heads too.

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $36,000 Remuneration / Body Corp Salary: $36,000

Managers Unit

Value of Managers Apartment: $749,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentAgreement Term: 25 yearsAgreement Term Remaining: 17 years
Marketing Agent
Paul Mueller
Paul Mueller

Key Investment Insights

1. Easy to manage boutique caretaking business located in Palm Beach, a popular and desirable area.
2. Perfect for first-time operators, semi-retired individuals, or solo operators who want to work from home.
3. Facilities are well-maintained, with gardens, inground pools, and a BBQ area.
4. Only responsible for managing facilities, common areas, and secure car park, allowing for a good work-life balance.
5. Access to stunning beaches, swimming spots, surf clubs, cafes, and restaurants in the area.
6. Close proximity to Burleigh Heads adds to the appeal of the location.
7. Business is currently under contract/offer, indicating high demand and potential for growth.
8. Net profit of $36,000 and remuneration/body corp salary of $36,000.
9. The value of the manager's apartment is $749,000, providing a comfortable and desirable living space.
10. The apartment has 3 bedrooms, 2 bathrooms, and 2 car spaces.
11. Complex type is permanent, with an agreement term of 25 years and 17 years remaining.
12. Overall, this business offers a great opportunity for a manageable and enjoyable lifestyle in a sought-after location.

Management Rights Multiplier: 1.00
ROI Estimate: 100.00%

Listing location
Gallery

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