Redcliffe, 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. These complexes in the Redcliffe area occupy prime waterfront locations, and 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 caretaking-only management rights businesses offered together, creating combined scale and income potential.
2. Prime waterfront Redcliffe locations, both within a 10-minute drive of each other, supporting appeal to residents and convenience for operators.
3. Modern apartment complexes, 5 and 6 years old, indicating recent builds and lower immediate capital expenditure on major repairs.
4. Low-maintenance operation, minimal facilities and straightforward duties such as pool maintenance and light gardening.
5. Flexible, part-time model with no set office hours and no requirement to live onsite, supporting work–life balance.
6. Combined Body Corporate remuneration of $105,000, with annual CPI reviews, providing predictable income escalation.
7. Reported net profit of $100,000 against a listing price of $530,000, suggesting attractive cash-on-cash return for buyers.
8. Opportunity to increase net profit by securing permanent rentals into a letting pool if the buyer holds an RLA licence.
9. Healthy years remaining on the agreements, offering long-term security of income and operational continuity.
10. No weekend work specified, enhancing lifestyle appeal for owner-operators.
11. No unit purchase required, enabling acquisition without a real estate investment and freeing capital for other uses.
12. Well suited as an add-on to an existing portfolio or for a buyer seeking a low-effort, income-generating business in a beachside market.
