West Melbourne, Victoria

Ideal Add-On! Two Premium Caretaking Only Complexes in West Melbourne | Resort Brokers ID : MRC007245

$1,181,224

Property Description

Fantastic opportunity to acquire two fully established caretaking businesses generating a solid $214,000 of annual income located in West Melbourne.



  • Caretaking business comprising two modern residential buildings

  • Annual income over $214,000

  • Additional income of $41,000 stemming from internet, keys / fobs, etc

  • Both complexes have no set office hours and are located four minutes apart

  • 25 year Caretaking with tenure being 19 years and 22.5 years remaining respectively

  • Office space in one building

  • Ideal add-on or perfect business to run under management

  • All inspections by appointment only

Date updated: 19 Jun 2022 23:00:13

Property Summary

Business Snapshot

Price: $1,181,224 Net Profit: $214,769 Remuneration / Body Corp Salary: $173,166

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 165Agreement Term Remaining: 25 years
Marketing Agent
Listing location
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