Price Reduced
Caretaking Only MR - Priced to sell with an exceptional multiplier
ResortBrokers presents an excellent opportunity to acquire the caretaking-only business at Riverway Point, a modern low-rise apartment complex. This opportunity boasts long agreement terms of 24 years, providing stability and assurance for the new caretaker. The complex comprises 70 units and is underpinned by a solid body corporate salary.
ResortBrokers presents an excellent opportunity to acquire the caretaking-only business at Riverway Point, a modern low-rise apartment complex. This opportunity boasts long agreement terms of 24 years, providing stability and assurance for the new caretaker. The complex comprises 70 units and is underpinned by a solid body corporate salary. Riverway Point is a secure complex with gated entry, located in close proximity to major arterial roads, sporting facilities, shops, and restaurants. The three-story building requires no lift maintenance, further enhancing its appeal. The manager's unit features two bedrooms, two bathrooms, an open-plan living area, a covered private patio area and secure undercover parking. The complex includes swimming pool and barbecue area both easily maintained under flexible working conditions.
- Net profit
- $97K
- Asking $633,618
- Asking price
- $634K
- Management Rights - Caretaking only
The business at a glance.
- $101,359 Body Corporate Salary
- Secured by an extensive 24-year agreement term
- Effecient three-storey structure with no lift maintenance required
- Strategically positioned near key transport routes, sports facilities, retail outlets, and eateries
- Enhanced security with a gated entry system
- Profitable caretaking business in a prime location, flexibile work conditions
- Low cost Real Estate component - 2 bed - 2 bath unit - Price $440,000
- Inspection by appointment only

The asset, the manager unit, the location.
Townsville City, QLD
Townsville City, QLD
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Run the numbers yourself.
Same model our brokers use to appraise. Adjust net profit, multiplier, real estate component. The result is indicative — independent appraisal available on request.
Request appraisalIndicative total$629,259
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