The neat as a pin College Green, delivers a net profit of $264,445, anchored by body corporate salary of approximately $99,000, with a letting pool of 57 units generating consistent rental income across 39 in-complex properties and 18 external appointments. The business model prioritises simplicity and lifestyle balance. With no onsite facilities to maintain and minimal garden maintenance requirements, the workload suits a solo operator or a couple seeking a true work/life balance work-from-home style business.
Your renovated 3-bedroom, 2.5-bathroom townhouse includes a single-car lock-up garage, an office on title, and a large private courtyard, offering comfortable family living within a high-quality, family-friendly community. The 70-unit permanent residential complex in Burleigh Waters operates under accommodation module agreements with over 22 years remaining, providing long-term security and stable cash flow for a resident manager, while the location drives strong tenant demand.
This turnkey opportunity combines operational ease with financial strength, making it ideal for first-time management rights operators seeking a straightforward business in a high-demand coastal location.
Interested? Why not give Todd Warner a call on 0438 170 763 or todd@resortbrokers.com.au