Under Contract

EASY CARETAKING BUSINESS IN MELBOURNE WITH 21 YEARS ON TERM

ResortBrokers present a fantastic opportunity to acquire an easy-to-manage caretaking only business which is located close to Melbourne CBD. Centrepiece Residences is a mid-size, permanent run complex established since 2021 in the growth suburb of Bentleigh East.

  • 21 years remaining on Building Management Agreement
  • No set office hours and no real estate to purchase
  • No requirement to live on-site
  • Stable annual Owner's Corporation salary circa. $123K plus GST
  • OC Salary renewal in July annually of 3% or CPI (whichever greater)
  • Building manager desk and three storage rooms
  • Low-rise apartment building with 103 units
  • On-site facilities include a residential lounge and gymnasium
  • Low maintenance with light duties circa. 3 days per week, approx. 10 hours of cleaning
  • Upside opportunity to build a letting pool for a licenced operator
  • All inspections by appointment only

 

Tim Crooks

Interested? Why not give Tim Crooks a call on 0417 544 562 or