Townsville City, Queensland

Caretaking Only MR - Priced to sell with an exceptional multiplier | Resort Brokers ID : MRC008914

$633,618

Business Description

ResortBrokers presents an excellent opportunity to acquire the caretaking-only business at Riverway Point, a modern low-rise apartment complex. This opportunity boasts long agreement terms of 24 years, providing stability and assurance for the new caretaker. The complex comprises 70 units and is underpinned by a solid body corporate salary.

Riverway Point is a secure complex with gated entry, located in close proximity to major arterial roads, sporting facilities, shops, and restaurants. The three-story building requires no lift maintenance, further enhancing its appeal.

The manager's unit features two bedrooms, two bathrooms, an open-plan living area, a covered private patio area and secure undercover parking. The complex includes swimming pool and barbecue area both easily maintained under flexible working conditions.



- $101,359 Body Corporate Salary
- Secured by an extensive 24-year agreement term
- Effecient three-storey structure with no lift maintenance required
- Strategically positioned near key transport routes, sports facilities, retail outlets, and eateries
- Enhanced security with a gated entry system
- Profitable caretaking business in a prime location, flexibile work conditions
- Low cost Real Estate component - 2 bed - 2 bath unit - Price $440,000
- Inspection by appointment only
Date updated: 01 Sep 2026 01:00:05

Business Summary

Business Snapshot

Price: $633,618 Net Profit: $96,809 Remuneration / Body Corp Salary: $101,359

Managers Unit

Value of Managers Apartment: $440,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 70Agreement Term Remaining: 25 years
Marketing Agent
Leah Bursztynowicz
Leah Bursztynowicz

Listing location
Gallery

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