Townsville City, Queensland

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

$593,618

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.



- $96,000 + 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 $400,000
- Inspection by appointment only
Date updated: 22 Jan 2026 12:53:22

Business Summary

Business Snapshot

Price: $593,618 Net Profit: $96,809 Remuneration / Body Corp Salary: $96,809

Managers Unit

Value of Managers Apartment: $400,000Bedrooms: 2Bathrooms: 2

Complex Information

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

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Waterview Terraces – Lifestyle, Profit & Fun!
Waterview Terraces Management Services
Waterview Terraces – Lifestyle, Profit...

81 / 34 Bundock Street BELGIAN GARDENS

$675,000

Net Income: $180,000
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Yorkeys Knob Management Rights – Minimal Duties, Solid Income - ID 8797
MR Sales
Yorkeys Knob Management Rights – Minimal...

YORKEYS KNOB

Offers Over $600,000

Net Income: $70,000
Managers Estate: $440,000 3 Bed 1 Bath
Letting Pool: 1
Remuneration: $77,000

Coolum Beach icon
Rare and Lucrative FHGC Opportunity
Business Only, Large Income, Huge Remuneration, Permanent GEM in Southside Brisbane
High Net Management Rights in Blue-Chip Bulimba
Rare and Lucrative Lease Opportunity
Business Only, Milton - ID 9216
I DO LIKE TO BE BESIDE THE SEASIDE - 2891ML
Simple-operation Freehold Caravan Park on 1.73HA, with room for growth | Resort Brokers ID : FH009042
DEVELOPERS’ DREAM - SUBDIVISION POTENTIAL (4 Acres) - 36DS
Asking $1.55mil, Stunning Permanent Management Rights Centrally in Cleveland
Primely located caravan park, consistently above 90% occupancy year-on-year | Resort Brokers ID : FH009041
North Queensland Holiday Resort
Excellent Freehold Caravan Park Opportunity - With Multiple Opportunities For Growth
Tasmanian Freehold Coastal Opportunity with Premium Residence & Growth Upside | Resort Brokers ID : FH009052
Rare Business-only Caretaking Opportunity in the heart of Coolangatta | Resort Brokers ID : OTP009044
Multi-Income Freehold & Business in a must- stop Northern Territory Destination  | Resort Brokers ID : FH009009
Partnership Potential!!
Absolute Beachfront MR in Prime Southern GC Pocket – High Yield Meets Prime Sea Change Destination