Beachfront Caretaking Only MR - $160k BC Salary

This permanent management rights opportunity delivers strong income security with a substantial body corporate salary of $160,521 and 22 years still remaining on the agreements. Being sold as a Caretaking-Only business with a bonus 4 letting appointments included in the sale at no cost to the incoming operator, if desired. Positioned opposite Suttons Beach in the heart of Redcliffe, this 124-apartment complex spans two eight-level towers. The business operates with no set office hours and simple caretaking responsibilities focused on the pool, gymnasium and barbecue areas. Included is a spacious 201sqm manager’s residence with 3 bedrooms, 2 bathrooms and a flexible office that can be converted into a fourth bedroom or multipurpose room, while still providing ample space to operate the business from home. Offered at just $995,000, the residence represents outstanding value in this tightly held beachfront location. The current letting pool includes four units, with a further upside of 12 apartments managed via external agents, providing clear potential for future growth for the operators who hold a real estate license. Cafés, transport and beachfront amenities are all within walking distance, with easy access to Brisbane CBD, Brisbane Airport and the Sunshine Coast.