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Affordable Caretaking Only Portfolio | Ideal Starter or Bolt On
$380,000
Caretaking management rights, Maroochydore QLD
A fantastic entry level or add on opportunity!
This unique offering combines three caretaking only complexes located within minutes of each other, providing a simple, efficient and highly manageable business for a solo operator. With no real estate to purchase, its an affordable way to step into the industry or expand an existing portfolio.
Two of the complexes sit side by side, allowing for efficient daily routines, while the third is just a short 10 minute drive away. All three are well maintained, present beautifully, and offer a genuinely low workload. Body Corporates are supportive and proactive, with one of the complexes only 12 months old, giving buyers the confidence of modern construction and reduced ongoing maintenance.
An optional rent roll of 13 properties is also available, generating approximately $3,000 per month in management fees.
This is a predictable and low stress business that delivers stable income and excellent flexibility. Perfect for a solo operator or a local manager looking to scale and add additional income with minimal day to day demands.
More Information
- Total Purchase Price: $380,000
- Net Income: $ 92,085
(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: 4.1
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