ResortBrokers presents a solid investment opportunity in the high-demand Calamvale, Brisbane South Side. This well-established modern townhouse complex operates under a 25-year Caretaking and Letting Agreement, with over 21 years remaining (successfully topped up).
Minimal caretaking required, with a strong Body Corporate salary accounting for over 86% of the net profit. The Manager's Unit features three bedrooms, a large study (potential 4th bedroom), two bathrooms, a double garage, and a separate office attached with separate entrance. Potential for significant growth by converting units managed by outside agents back into the onsite letting pool.
This management rights presents a solid business suitable for a first-time buyer looking to secure a low maintenance business with stable income or a savvy operator to run as a side business. Or may also be suitable for buyers who has family commitment and looking to purchase a good quality modern property in the ever popular south side area of Brisbane - Calamvale, whilst enjoying a solid additional income.
It's an exciting opportunity for the astute buyer, so reach out with your inquiries promptly to avoid missing out.
- Easy to run with minimal caretaking duties for a single operator
- Strong Body Corporate salary accounting for over 86% of the total net profit
- Long agreement terms - 21 years
- No set office hours
- A well-established complex with minimal caretaking required and all necessary maintenance equipment provided by the body corporate.
- The manager's unit features three bedrooms, a large study, two bathrooms, a double garage and a separate office on title.
- Potential for significant growth in the bottom line by converting units managed by outside agents back into the onsite letting pool.
- Conveniently located within a short drive to local amenities and enjoys 100% occupancy with a long waitlist. Located in highly sought-after southside area with high rental demand
- Inspection by appointment only
