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, the complex comprises 124 three-bedroom apartments across two eight-level towers. Included is a spacious 201sqm, 3-bedroom, 2-bathroom manager’s residence offered well under market value at $995,000.
The business operates with no set office hours and simple caretaking responsibilities focused on the pool, gymnasium and barbecue areas.
The current letting pool includes four units, with a further upside of 11 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.
Interested? Why not give Jeff Keast a call on 0414 669 007 or jeff@resortbrokers.com.au
