Prime Caretaking Opportunity Kings Beach - No Letting or Residency Required | Resort Brokers ID : MRC008556

$162,000

Resort / Holiday Management Rights, Kings Beach QLD

ResortBrokers is proud to offer a rare caretaking-only management rights opportunity, a premium commercial asset located in the highly desirable Kings Beach. This simplified business model eliminates the need for a letting pool, trust account, or real estate license, providing exceptional operational flexibility. Comprising 24 lots with 17 years remaining on agreements and low-maintenance facilities, this opportunity is perfect for experienced operators seeking to expand their portfolio or a
semi-retired individual looking for a flexible and rewarding venture. With no set office hours or onsite residency requirements and delivering an impressive 35% ROI, this high-performing asset is an opportunity not to be overlooked.

- Exclusive caretaking-only opportunity in the sought-after Sunshine Coast region
- No letting pool, trust account or real estate licence is required, simplifying operations
- No real estate purchase is necessary, reducing initial investment
- Flexible operation with no set office hours, ideal for work-life balance
- Long-term agreements with 17 years remaining, offering stability and potential for growth
- Perfect 'add-on' or part-time opportunity for semi-retired individual
- Easy-to-maintain facilities including a small pool and common area
- Competitively priced for immediate sale
- Inspections strictly by appointmentonly
Date updated: 29 Dec 2024 22:00:04

More Information

Financial Overview

Total Purchase Price: $162,000
Net Income: $ 56,900 (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.}

Letting Business

Letting Pool: TBC
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 15
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 9
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 24
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 58,100
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 17 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: No set office hours
_{Required Office Hours}

Complex Features: heated pool, spa, bbq area, secure parking This stylish caretaking only complex is situated just 150 meters from the pristine sands of King\\\'s Beach, offering a perfect blend of coastal lifestyle and business potential. Boasting an excellent Body Corporate salary of $55,800 plus GST adjusted annually by CPI, long agreements and currently managed part time by one person, this business offers flexibility and allows for a comfortable work-life balance. This complex ticks all the boxes for someone looking to secure a caretaking only business where you set your own hours and enjoy everything this beautiful location has to offer. Facilities include a large heated pool, spa, and BBQ area, adding to the appeal and value of the property. Modern facilities Easy complex to manage Long term agreements Fantastic location No real estate to purchase No requirement to reside onsite