Runaway Bay, Queensland
Bolt-On Caretaking and Letting Complex!!
Under Contract / Offer
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: Under Contract / Offer
Net Profit: $60,600 Remuneration / Body Corp Salary: $55,000
Managers Unit
Pets OK: YesComplex Information
Complex Type: CaretakerTotal Units in Complex: 27Total Units in Letting Pool: 4Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 12 yearsPool: YesBBQ Area: Yes
Key Investment Insights
1. Three-storey walk-up complex with an onsite café, offering on-site F&B amenity and tenant convenience.
2. Prime Runaway Bay location close to the Broadwater, yacht basin, restaurants and service station, enhancing appeal to tourists and residents.
3. Short drive to major attractions and retail hubs including Harbour Town, Runaway Bay and nearby shopping centres, Marina Mirage, The Sheraton Mirage and SeaWorld, supporting visitation and occupancy.
4. Convenient access to public transport, increasing accessibility for guests and staff.
5. Caretaker business model with secure remuneration from Body Corporate of $55,000, providing predictable income.
6. Reported net profit $60,600, indicating existing positive cashflow.
7. Agreement is accommodation‑module with original 25‑year term and 12 years remaining, creating a finite contractual tenure for the role.
8. Small letting pool of 4 out of 27 units, suggesting limited management of short‑term letting and potential focus on owner/long‑term occupancy.
9. Manager’s unit available and pets permitted, supporting lifestyle flexibility for a manager who chooses to live onsite.
10. Low operational burden elements: no bins to manage, no fixed hours, no requirement to live onsite, and Body Corporate manages the pool, reducing hands‑on duties.
11. Complex amenities include a pool and BBQ area, attractive features for guests and long‑stay residents.
12. Images may not depict this complex and the listing is under contract or offer, so prospective purchasers should verify details before proceeding.
