Price Reduced

CARETAKING BUSINESS IN MELBOURNE'S SOUTHBANK EARNING $147,000

Centrally location in vibrant Southbank - Southside Gardens is a fully established caretaking only business representing excellent value and offer strong security of an income for the new manager. The business has no requirement to live on-site, is neatly presented and has no letting component. A great add-on or entry opportunity for a newcomer to the industry!

Caretaking Only business with annual salary of $147,130 p.a. as of August 2023
Additional revenue streams from cleaning & window servicing paid from OC twice yearly (not included in income)
No requirement to own a lot in the scheme or to reside on site
Current on-site hours are Monday to Friday 7-3pm
Well maintained complex comprising 91 apartments
No letting appointments, current owners have not explored this option
On-site facilities include communal swimming pool, gymnasium and landscaped gardens
All gardening managed direct by OC, only mowing and trimming required by manager
Renewed term (Nov 2022) with 8.5 years now remaining on Caretaking Agreement

Listing Ref	MRC007842
Property Type	Management Rights
Sale Type	Management Rights - Caretaking only
State	VIC
Region	Melbourne
Suburb	Southbank

Net Profit	$147,130
Price	$350,000

Interested? Why not give Tim Crooks a call on 0417 544 562 or tim@resortbrokers.com.au

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