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Kings Beach Caretaking Only!
$189,500
Caretaking management rights, Kings Beach QLD
This stylish caretaking only complex is situated just 150 meters from the pristine sands of King's Beach, offering a perfect blend of coastal lifestyle and business potential.
Boasting an excellent Body Corporate salary of $55,800 plus GST adjusted annually by CPI, long agreements and currently managed part time by one person, this business offers flexibility and allows for a comfortable work-life balance.
This complex ticks all the boxes for someone looking to secure a caretaking only business where you set your own hours and enjoy everything this beautiful location has to offer.
Facilities include a large heated pool, spa, and BBQ area, adding to the appeal and value of the property.
Key Highlights:
Modern facilities
Easy complex to manage
Long term agreements
Fantastic location
No real estate to purchase
No requirement to reside onsite
No fixed hours
Excellent lifestyle business
BC Salary $55,800 + GST
Ideal for those considering a second income or retirement top up.
Minimal gardening.
More Information
- Total Purchase Price: $189,500
- Net Income: $ 55,800
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.4
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours