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Low Maintenance Kings Beach Caretaking Only
$168,000
Caretaking management rights, Kings Beach QLD
Positioned just 150 metres from Kings Beach, this caretaking only opportunity offers the ideal balance of lifestyle and income. Perfectly suited to those seeking flexibility, the business is currently run part time by one person. With no letting obligations and no requirement to live onsite, you can set your own schedule and make the most of this stunning coastal location.
The complex features modern facilities including a heated pool, spa and BBQ area, all designed for ongoing ease of management. A low stress business with minimal gardening means this is an excellent fit for semi retirement, a second income stream, or anyone looking to secure a lifestyle based operation.
Key Highlights:
Modern, well kept complex
Straightforward and easy to run
No real estate to purchase
No fixed office hours
BC Salary $56,000 + GST (CPI annual increase)
Perfect for semi retirement or additional income
Minimal gardening duties
More Information
- Total Purchase Price: $168,000
- Net Income: $ 56,000
(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: 3.0
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