Exclusive

CARETAKING BUSINESS FOR MODERN APARTMENT COMPLEX IN CAMBERWELL - NO LETTING

This easy to run business would make a great addition to an existing portfolio for a local based operator or a smart choice for a newbie to the building management space. With a gross over $150,000 and minimal overheads it would suit a two person team prepared to be hands-on to perform the duties.

  • 15 years remaining on Caretaking (BMA) agreement
  • OC pays a handsome salary over $150,000 per annum with annual CPI review
  • Situated in Camberwell the building was completed in 2014
  • Complex consists of 137 apartments in total and has 4 retail lots to ground level
  • Resident vegetable garden, bookable BBQ area courtyard and secure parking
  • Garden wall in foyer with beautiful reception and seating area
  • Current owners use contract cleaners which can be terminated anytime
  • Building manager attends weekly & works off-site for approx. 14 hours p/w
  • OC requires onsite presence Mon to Sat which is covered by cleaners currently
  • Ideal acquisition for newcomers to industry
  • No P&L available as run under management and tied in with other properties
  • Option to combine this with another caretaking business owned by same vendors
  • All inspections by appointment only
Tim Crooks

Interested? Why not give Tim Crooks a call on 0417 544 562 or