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: 20 Sep 2026 23:00:09
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: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 70Agreement Term Remaining: 25 years
