Runaway Bay, Queensland

Bolt-On Caretaking and Letting Complex!!

SOLD

Business Description

Bolt-On Caretaking and Letting Complex!!

A three-storey walk-up complex with an onsite café in Runaway Bay, situated in close proximity to the Broadwater, yacht basin, restaurants, service station, a short drive to Harbour Town and Runaway Bay shopping Centres, Southport Yacht and Surf Clubs, Marina Mirage, The Sheraton Mirage, The Imperial and SeaWorld.

This complex is also conveniently situated close to public transport. Images might not depict this complex.

Secure salary, no bins to manage, no fixed hours, no need to live onsite, and the Body Corporate manages the pool.

To arrange an inspection call: Gavin

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $60,600

Managers Unit

Pets OK: Yes

Complex Information

Complex Type: CaretakerAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 12 yearsPool: YesBBQ Area: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

AI generated. Confirm details with the seller.

1. Reported net profit of $60,600, with $55,000 remuneration provided through the body corporate salary.
2. Caretaking and letting operation covers a 27 unit complex, including four units in the letting pool.
3. Secure salary, no fixed hours, no bin management and no requirement to live onsite support operational flexibility.
4. The body corporate manages the pool, reducing direct responsibility for this facility.
5. Three storey walk up complex includes an onsite café, pool and BBQ area.
6. Runaway Bay location is close to the Broadwater, yacht basin, restaurants, public transport and major shopping centres.
7. Agreement operates under the Accommodation Module, with 12 years remaining on the 25 year term.
8. Pets are permitted, subject to applicable complex requirements.