RAAS presents exclusive 'add-on' Management Rights for sale and the best part? No real estate purchase is required, and no need to live onsite!
Introducing Belmont Grange and Broni, a charming 32-unit townhouse complex expertly managed by the developer for an impressive 15 years. Now, the developer is ready to pass on the reins.
🔹 Prime Location: Situated in the highly sought-after Southport area, the demand for businesses like this is soaring, making it a golden opportunity for success.
🔹 Caretaking-Only Option: With the business offered as a caretaking-only opportunity, you'll enjoy the benefits of a low-stress venture with the letting agreement included and No Office Hours.
🔹 Lucrative Salary: Earn an attractive caretaking salary of $38,194 per year (excluding GST), with yearly CPI increases to ensure your investment keeps growing.
🔹 Manageable Duties: With just 32 units to oversee, you'll find the responsibilities easy to handle, allowing you to focus on what matters most.
🔹 Perfect Add-On: If you're an existing local owner-operator searching for an excellent expansion opportunity,
Financials
Body Corporate Salary: 38194
Management Unit
Complex Overview
Complex Type / Module: Permanent
Total Units in Complex: 32
Agreement Term: 25
Years to Run: 13