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Rare, large Caretaking-Only business For Saleâ Benowa / Carrara Area
$1.15M - Business Only
Permanent Management Rights, BENOWA QLD
A unique opportunity to acquire a caretaking-only business in the sought-after Benowa / Carrara area. This is a stress-free, flexible, and highly rewarding business that offers a perfect work-life balance or an ideal add-on for an existing operator looking to expand their portfolio.
With a 25-years remaining on the rare 'BUGTA' agreement, this business delivers long-term security and reliable income. The Body Corporate salary of circa $159,000 + GST provides a stable foundation, while additional service agreement earnings contribute to circa $100,000 annually, bringing net earnings close to $255,000 per annum.
This business is exceptionally flexiblewith no office hours, no real estate to purchase, and no requirement to reside onsite. Whether you prefer hands-on involvement or subcontracting work, the choice is yours. The progressive Body Corporate is supportive and ensures a harmonious working relationship, making this an ideal environment to operate in.
Included is an exclusive-use office, essential gardening and maintenance equipment, and a buggy valued at over $12,000. Additionally, theres potential for further income through repairs, maintenance, and extra services outside the standard agreement.
Beyond financial benefits, the lifestyle is unmatched. Surrounded by golf courses, cafes, restaurants, and shopping hubs, this business allows for a relaxed, flexible schedule while still maintaining a strong income stream.
The owner planned on being here for many years, however now wishes to step away due personal circumstances, making this a rare and exciting opportunity. Opportunities like this dont lastcontact us today to learn more and secure this fantastic business!
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $1.15M - Business Only
- Net Income: $ 255,000
(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: undisclosed
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