Varsity Lakes, Queensland
Caretaking Opportunity - Varsity Lakes
$835,000
Business Description
Are you in search of a caretaking opportunity? Look no further!
Discover this charming permanent Management Rights gated complex nestled in the heart of Varsity Lakes, consisting of 25 Townhouses. The beauty of this opportunity lies in its flexibility, with no fixed office hours specified in the agreement. This caretaking role is efficiently managed by a single individual due to the minimal garden and caretaking responsibilities.
This presents an excellent prospect for those seeking a supplementary income stream that accommodates the demands of parenting and other commitments. It's equally appealing to retirees aiming to bolster their pension income.
Furthermore, there's potential for substantial profit growth by reclaiming control of the 11 townhouses currently overseen by external agents, thereby re-establishing the letting pool within the complex.
The manager's residence is a two-story townhouse, featuring three bedrooms, 2.5 bathrooms, and two parking spaces. Additionally, it boasts a dedicated office space with a separate entrance.
Varsity Lakes enjoys proximity to a diverse range of well-regarded public and private schools, as well as the esteemed Bond University. Abundant shopping options are at your doorstep, including the renowned Robina Town Centre, and the beach is a mere 10-minute drive away.
This opportunity is attractively priced for a quick sale. Don't let this gem slip through your fingers – schedule an inspection today!
Net Profit: $42,178
Property Code: 1201
Business Summary
Managers Unit
Complex Information
Key Investment Insights
Key Insights:
1. Flexibility: The caretaking role offers flexibility with no fixed office hours specified in the agreement, making it suitable for individuals with other commitments such as parenting or retirement.
2. Minimal responsibilities: The complex consists of only 25 townhouses, and the caretaking responsibilities are efficiently managed by a single individual due to the minimal garden and caretaking duties.
3. Supplementary income stream: This opportunity presents an excellent prospect for those seeking a supplementary income stream, as it can accommodate various lifestyle demands.
4. Potential for profit growth: There is potential for substantial profit growth by reclaiming control of the 11 townhouses currently overseen by external agents, thereby re-establishing the letting pool within the complex.
5. Manager's residence: The manager's residence is a two-story townhouse with three bedrooms, 2.5 bathrooms, and two parking spaces, making it suitable for a family or couple.
6. Prime location: The complex is situated in the heart of Varsity Lakes, close to well-regarded schools, shopping options, and the beach.
7. Attractive price: The opportunity is attractively priced for a quick sale, making it a desirable investment.
8. Inspections available: Interested parties can schedule an inspection to view the complex and its facilities.
9. Net profit: The net profit for this opportunity is $42,178, making it a potentially lucrative investment.
10. Property code: The property is assigned a unique code, 1201, for identification purposes.
11. Manager's unit features: The manager's unit features a dedicated office space with a separate entrance, providing privacy and convenience for the manager.
12. Complex information: The complex information includes the number of townhouses, location, and nearby amenities, providing a comprehensive overview of the property.
