Exclusive
PREMIUM WATERFRONT CARETAKING ONLY - $213K+ INCOME
Resort Brokers presents a rare opportunity to acquire a caretaking-only management rights portfolio in one line. Spanning 157 apartments across three contemporary waterfront complexes in Scarborough and Woody Point, the portfolio delivers combined body corporate salary exceeding $213,000 per annum.
Resort Brokers presents a rare opportunity to acquire a caretaking-only management rights portfolio in one line. Spanning 157 apartments across three contemporary waterfront complexes in Scarborough and Woody Point, the portfolio delivers combined body corporate salary exceeding $213,000 per annum. No manager's unit to purchase, no requirement to live onsite and no set office hours. The caretaking workload is efficient and manageable. With minimal landscaped gardens, two swimming pools and barbecue facilities across all, operational demands remain low while income remains strong. Positioned on the tightly held Redcliffe Peninsula with waterfront proximity and strong residential demand, this portfolio suits experienced operators seeking a bolt-on acquisition or first-time buyers wanting established businesses with minimal complexity. Rarely do three quality waterfront management rights become available together in one acquisition. Contact Jeff today to make an inspection!
- Net profit
- $214K
- Asking price
- $855K
- Management Rights - Caretaking only
The business at a glance.
- No manager's unit to purchase and no requirement to live onsite and no office hours
- Near new buildings built in 2025
- Three waterfront complexes totaling 157 units across 3 sites
- Standard modules with circa 8.5 years remaining & 23.5 years on Acccomodation Module agreement
- Manageable caretaking duties with minimal gardens, two pools and barbecue area
- Superb business-only complexes with solid Body Corporate salary
- Low maintenance caretaking only with bonus four letting appointments included at no cost
- Inspection by appointment only
The asset, the manager unit, the location.
Scarborough, QLD
Scarborough, QLD
Talk to the broker.
Enquire about this property
Jeff Keast
Specialist Accommodation Broker, Brisbane
0414 669 007
07 3878 3999
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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$855,344
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