Key Investment Insights
AI generated. Confirm details with the seller.
1. Combined body corporate remuneration of $110,000 and stated net profit of $105,000.
2. Two caretaking only management rights businesses provide a streamlined, low maintenance operation.
3. Prime waterfront locations in the Redcliffe area, within 10 minutes’ drive of each other.
4. No requirement to purchase real estate or live onsite, supporting flexible ownership arrangements.
5. No set office hours and no weekend work support an attractive work life balance.
6. Caretaking duties are straightforward, covering pool maintenance, light gardening and lawn care, and presentation.
7. Modern apartment complexes, only five and six years old, have minimal facilities to manage.
8. Healthy years remaining on both agreements provide longer term operational security.
9. Potential to add permanent rentals to the letting pool for an RLA licensed operator.
10. Suitable as an add on to an existing portfolio or a flexible part time business.