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Ideal Starter or Bolt On Caretaking Only
$368,000
Caretaking management rights, Maroochydore QLD
A rare opportunity to secure a small caretaking portfolio, this package offers an easily manageable operation ideal for a solo operator or an established manager looking to scale. With no real estate to purchase, it provides an affordable, low risk way to significantly expand income.
All 3 complexes are well maintained, present beautifully, and offer a genuinely low workload, with one of the buildings completed only 12 months ago, adding further appeal and minimising maintenance requirements.
There is also an optional rent roll of 13 properties available, generating approximately $3,000 per month in management fees.
This is an outstanding chance to acquire a tightly held, operationally efficient business that delivers immediate income, excellent lifestyle balance, and the ability to leverage shared resources.
More Information
- Total Purchase Price: $368,000
- Net Income: $ 90,284
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.1
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours