The property delivers a caretaking-only opportunity in prestigious Brisbane suburb with exceptional lifestyle appeal. This boutique 30-lot riverside building offers a substantial manager salary of $230,000 per annum with annual CPI increases, backed by a Standard Module agreement with 7.5 years remaining. The straightforward business structure requires no letting pool management and no real estate purchase.
We have allowed $46,000 of wages as a lifestyle choice, which could be absorbed for a hands on purchaser and $4,000 for personal indemnity insurance. Duties centre on maintaining the building's premium standards through cleaning, gardening and rooftop amenity. The body corporate and owner-occupier community value quality service, creating a stable operational environment.
With potential scope to grow revenue through offering additional services this presents an ideal business-only, given it's price point, for those getting back into the industry or a high-quality add-on for existing operators looking to grow their caretaking salary in one of Queensland's most desirable locations.
- Prestigious boutique river front residential building in blue-chip suburb.
- Strong manager salary of $230,000 with annual CPI increases.
- $180,000 net includes a $46,000 wage allowance to offer flexibility and $4,000 for insurance (subject to purchaser's preference).
- Standard Module agreement with 7.5 years remaining.
- Scope to grow income through additional services.
- Duties include maintaining gardens, water feature, outdoor casual seating spaces, internal and external foyer spaces, wine room and rooftop pool.
- Inspections by appointment only.
Interested? Why not give Steve Pappas a call on 0466 688 944 or stevep@resortbrokers.com.au
Or... call Tim Crooks on 0422 208 450 or tim@resortbrokers.com.au
