ResortBrokers presents exclusively to market a low-maintenance permanent townhouse complex located in Slacks Creek. With long 24 years agreement term remaining, this opportunity is ideal for both first-time buyers seeking a stable income stream and experienced operators looking to expand their portfolio.
The well-appointed manager's unit, which occupies the largest block of land (250sqm) within the complex, offers a spacious three-bedroom, one and a half-bath residence with a two-car garage. There is also a completely separate office and spacious storage room on title, accessible via a separate entrance to the residence, providing a clear separation between work and home life.
The current manager has been managing this complex for 10 years and is planning for a well-deserved retirement. The business operates under a 25-year Caretaking and Letting Agreement, with more than 24 years remaining, demonstrating the longevity and stability of this investment. The agreement has been supported by multiple successful top-ups, reflecting the excellent relationship between the current manager and the Body Corporate committees and owners.
One of the key highlights of this opportunity is the flexibility it offers. There are no set office hours, allowing the incoming operator to enjoy the freedom and flexibility to suit their circumstances in how they operate this business over time.
-
Robust 15% return on investment
-
No set office hours
-
Long agreement terms - 24+ years
-
Clean P&L prepared by industry professional accountant
-
Excellent body corporate relations
-
Strong and consistent letting pool
-
Located in highly sought-after Southside area with high rental demand
-
Suitable for either first time buyer or experience operator as add-on to their existing portfolio
-
Property inspections are strictly by appointment only
