Runaway Bay, Queensland
Caretaking Business Only with Minimal Facilities
$210k - Business Only Caretaking
Business Description
This is a rare opportunity to secure a caretaking-only management rights business for a residential complex in the heart of Runaway Bay. With just twenty-three apartments in the building, this is a manageable, lifestyle-friendly operation ideal for someone who values simplicity and location. Situated moments from the Broadwater with its waterfront parklands, walking tracks and recreational areas, and close to shops, restaurants and public transport, the position offers an enviable coastal lifestyle.
This complex is home to a central swimming pool, maintained garden and a barbecue area. The Body Corporate handles pool maintenance, taking care of one of the more time-consuming caretaking tasks. With no bins to manage and no office hours to keep, the day-to-day workload is minimal—making this one of the more straightforward caretaking roles on the Gold Coast.
The business is underpinned by a reliable Body Corporate salary, providing a steady and predictable income stream. For an experienced operator, it's a low-maintenance addition to an existing portfolio. For a newcomer, it's an accessible entry point into the management rights industry without the steep learning curve of a larger or more complex scheme.
What sets this opportunity apart is the balance it strikes between ease of operation and quality of life. Residents benefit from an onsite café and the community feel of a boutique complex, while the Runaway Bay location delivers shopping centres, marinas, Harbour Town and easy M1 access. Caretaking-only rights in sought-after coastal locations like this are increasingly rare—don't miss it.
Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks
Business Summary
Business Snapshot
Price: $210k - Business Only Caretaking
Net Profit: $55,113 Remuneration / Body Corp Salary: $55,113
Complex Information
Complex Type: PermanentTotal Units in Complex: 23Owner Occupy Units: 18Outside Agent Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 13 years
Key Investment Insights
1. Business offered as caretaking only, price $210,000, business only sale.
2. Reliable recurring Body Corporate salary of $55,113 per year, listed as net profit and remuneration.
3. Small, boutique complex of 23 apartments, creating a manageable workload and close community feel.
4. High owner occupancy with 18 owner occupy units and only 5 outside agent units, indicating stability.
5. Long standing agreement structure, 25 year agreement term with 13 years remaining, providing contract continuity.
6. Minimal facilities and duties, no bins to manage and no office hours required, reducing daily operational demands.
7. Body Corporate handles pool maintenance, removing a major caretaking task and lowering hands on work.
8. Onsite amenities include a central swimming pool, maintained garden, barbecue area and a café for resident convenience.
9. Prime Runaway Bay location close to the Broadwater, waterfront parklands, walking tracks, marinas, shops, restaurants and public transport, supporting lifestyle appeal and rental desirability.
10. Easy access to Harbour Town and the M1, enhancing convenience for residents and potential clientele.
11. Energy Rating 5, suggesting reasonable energy efficiency for the complex.
12. Suited to both an experienced operator as a low maintenance add on and to a newcomer as an accessible entry into management rights.
