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. Combined Body Corporate remuneration $105,000, providing strong recurring cash flow.
2. Advertised net profit $100,000, indicating attractive earnings for a part‑time operation.
3. Asking price $530,000, implying an approximate cashflow yield of about 19 per cent before buyer financing and taxes.
4. Two separate caretaking-only management rights, both in the Redcliffe waterfront area, located within a 10 minute drive of each other.
5. Both complexes are modern builds, 5 and 6 years old, reducing immediate capital expenditure risk.
6. Minimal facilities and straightforward duties, specifically pool maintenance, light gardening and presentation, enabling low operational complexity.
7. No requirement to purchase real estate and freedom to live offsite, supporting flexibility and lower capital outlay.
8. No set office hours and no weekends, enhancing work–life balance for the operator.
9. Healthy years remaining on the agreements, providing medium to long term income security.
10. Body Corporate salary reviewed annually by CPI, offering inflation‑linked income protection.
11. Opportunity to increase net profit by adding permanent rentals into a letting pool if the buyer holds an RLA licence.
12. Suited as an add-on to an existing portfolio or for an owner seeking a flexible, low‑maintenance business model.
