St Kilda, Victoria

THREE CARETAKING ONLY BUSINESSES IN MELBOURNE'S FRINGE | Resort Brokers ID : MRC006967

$604,000

Property Description

ResortBrokers is delighted to exclusively presents a blue chip portfolio consisting of three Facilities Management contracts in prime Melbourne suburbs that deliver a solid $150K p.a. income and plenty of upside opportunity.



  • 3 independent FM Agreements with a combined income over $150,000

  • All three properties are all modern residential buildings in popular suburbs of Melbourne

  • No onsite administration responsibilities - easy to run withletting management upside if desired

  • All have 25 year Facilities Management Agreements with 20 to 23 years remaining on tenure

  • Caretaking duties mainly include basic gardening and cleaning

  • Income upside potential through periodic cleaning, gardening and maintenance

  • All three FM agreements can be assigned to any purchaser without hindrance, limitation, qualification or permission required from the OC

  • Stable and harmonious relationship with the OC, with no disputes or breaches during ownership

  • Business-only opportunities like this, which provide a great income across easy-to-run properties, rarely stay on the market for long.


All inspections by appointment only

Date updated: 08 Dec 2021 09:09:44

Property Summary

Business Snapshot

Price: $604,000 Net Profit: $151,701 Remuneration / Body Corp Salary: $151,701

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 147Agreement Term Remaining: 20 years
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