Caretaking-Only In Bulimba – Minutes' Walk to Oxford Street

$135,000Under Contract

Fantastic and very rare opportunity to take on a small but solid business in the heart of Bulimba. Ideal for a new operator or existing manager seeking an easy add-on with just 26 apartments in the complex. This manageable sized business has great flexibility with no requirement to reside onsite and no real estate to purchase. Minimal workload with sufficient storage space for tools and equipment to be held on-site.

Key Features

  • Rare caretaking-only opportunity with an allowance of $1,250 + GST per lot.
  • Ideal add-on to an existing business
  • Any letting appointments secured are pure profit with nothing to pay
  • Brand new 10-year term (the longest term possible for a caretaking-only business).
  • Strong sales to date with construction already commenced and delivery scheduled for March 2019
  • No set office hours and no real estate to buy
  • Easy duties including looking after pool, gardens and mooring spaces.

NB: Property inspections are by appointment only

Key Details

Listing Ref: MRC005276
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Bulimba
Sale Type: Management Rights - Caretaking only
Net Profit: $32,500
Price: $135,000

Listing Agent(s)

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YearsYrs

Monthly Repayments:

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Agent Feedback

ARIA Property has had the pleasure of working with Tim on our 3 most recent projects, VINE, Jardin and Austin. Tim is very knowledgeable in off the plan multi-unit residential and his enthusiasm is infectious. He has shown to have a good work ethic and has been very transparent in all of his dealings.  ARIA Property Group will continue working with Tim on its upcoming developments.      

- Tim Forrester
Managing Director,
ARIA PROPERTY GROUP

Tim is helpful, friendly and passionate about the management rights industry and it is a pleasure to work with such a professional who takes a long term outlook on the industry.

- Michael Kent
Queensland Development Manager,
PELLICANO GROUP