Varsity Lakes, Queensland
PURE CARETAKING-ONLY MANAGEMENT RIGHTS COMPLEX LOCATED IN VARSITY
Under Contract / Offer
Permanent Management Rights, Varsity Lakes QLD
RAAS is excited to present to the market the pure caretaking-only business of a three-storey, walk-up complex.
With no office hours, no requirement to live onsite or purchase real estate, coupled with easily managed duties and low maintenance facilities, this business can easily be managed by one person,
Inclusive of a Caretaking Salary of $50,000 + GST increased annually by CPI adjustment, this is truly a fantastic 'add-on' opportunity for local operators looking to expand their Gold Coast Management Rights portfolio.
There are no set office hours, no real estate to purchase, and no requirement to reside on-site
Complete repainted exterior of the building, including the roof in 2022
Easily run by one person with minimal duties
A truly affordable business, ideal add-on or entry opportunity
Price: Under Contract / Offer
Net Profit: $50,000 Remuneration / Body Corp Salary: $50,000
Complex InformationComplex Type: PermanentAgreement Term: 25 years
Key Investment Insights1. The business for sale is a pure caretaking-only management rights complex located in Varsity Lakes, Queensland.
2. The complex is a three-storey, walk-up building with no office hours, no requirement to live onsite or purchase real estate.
3. The business can easily be managed by one person, making it an ideal opportunity for local operators looking to expand their portfolio.
4. The caretaking salary is $50,000 + GST, with annual increases by CPI adjustment.
5. There are no set office hours, no real estate to purchase, and no requirement to reside on-site.
6. The exterior of the building, including the roof, was completely repainted in 2022.
7. The business is easily run by one person with minimal duties.
8. It is an affordable opportunity, making it an ideal add-on or entry opportunity for potential buyers.
9. The managers unit is not included in the sale.
10. The complex is a permanent type with an agreement term of 25 years.