Caretaking-only in Scarborough - no facilities & huge upside potential

ResortBrokers exclusively presents the rare opportunity to acquire a solid earning caretaking business in the heart of Scarborough. This seaside suburb is located on the Redcliffe Peninsula, 35 kilometres north of Brisbane city and a 25-minute drive from Brisbane airport.

Offered to the market for the first time, the complex comprises a total of 40 modern apartments and two commercial tenancies with a mix of studio and two-bedroom layouts. The property has no facilities to manage, making the caretaking duties very easy for one person to handle. The annual Body Corporate salary of $40,909 (excl. GST) equates to $1,022 per lot and there are no set office hours or real estate to purchase.

The complex has been run under management by the developer and is being sold with a brand new 25-year Accommodation Module Caretaking & Letting Agreement which will be assigned to the successful incoming operator.

This is an opportunity to purchase one of the most highly sought-after type of management rights businesses in the market. So, don't miss out on this opportunity and contact today with your enquiries.