Scarborough, Queensland
PREMIUM WATERFRONT CARETAKING ONLY - $213K+ INCOME | Resort Brokers ID : MRC009300
$855,344
Business Description
Resort Brokers presents a rare opportunity to acquire a caretaking-only management rights portfolio in one line. Spanning 157 apartments across three contemporary waterfront complexes in Scarborough and Woody Point, the portfolio delivers combined body corporate salary exceeding $213,000 per annum.
No manager's unit to purchase, no requirement to live onsite and no set office hours. The caretaking workload is efficient and manageable. With minimal landscaped gardens, two swimming pools and barbecue facilities across all, operational demands remain low while income remains strong.
Positioned on the tightly held Redcliffe Peninsula with waterfront proximity and strong residential demand, this portfolio suits experienced operators seeking a bolt-on acquisition or first-time buyers wanting established businesses with minimal complexity. Rarely do three quality waterfront management rights become available together in one acquisition.
Contact Jeff today to make an inspection!
- No manager's unit to purchase and no requirement to live onsite and no office hours
- Near new buildings built in 2025
- Three waterfront complexes totaling 157 units across 3 sites
- Standard modules with circa8.5 years remaining & 23.5 years on Acccomodation Module agreement
- Manageable caretaking duties with minimal gardens,two pools and barbecue area
- Superb business-only complexes with solid Body Corporate salary
- Low maintenance caretaking only with bonus four letting appointments included at no cost
- Inspection by appointment only
Date updated: 13 Aug 2026 23:00:04
Business Summary
Business Snapshot
Price: $855,344
Net Profit: $213,836 Remuneration / Body Corp Salary: $209,907
Complex Information
Complex Type: PermanentTotal Units in Complex: 157Total Units in Letting Pool: 5Agreement Term Remaining: 10 years