Positioned in the highly sought after Broadwater precinct, this outstanding caretaking only management rights business presents an exceptional opportunity for buyers seeking secure, low maintenance income with outstanding lifestyle flexibility. Offering approximately 22 years remaining on the Accommodation Module agreements, a supportive Body Corporate, no letting pool to manage, and no office hours, this is an ideal business for first time operators, semi retirees or investors seeking predictable income with minimal operational demands.
The business has been priced to sell at just $120,000, representing a conservative 3x multiple on the caretaking income, while the manager’s residence is offered at $790,000, delivering excellent value in this tightly held Broadwater location.
A key point of difference is the office being on title, together with no requirement to reside onsite, creating the opportunity to lease the residence and generate additional rental income, or simply enjoy the flexibility of living elsewhere, creating the opportunity to lease the residence for an estimated $41,000 PA (approximately $780 to $800 per week), providing additional income flexibility.
The renovated ground floor residence comprises 2 spacious bedrooms, 2 bathrooms and a generous open plan design. Recently painted throughout, it features a modern kitchen with new dishwasher, pantry and abundant storage, spacious living areas, and an oversized entertaining balcony. The master bedroom includes an ensuite, walk in robe and additional built in robe, while residents enjoy direct access to the resort style pool, spa and BBQ facilities.
Conveniently located just moments from the Broadwater, shopping centres, schools, cafés and essential services, this is a rare opportunity to secure a straightforward management rights business with long agreements, reliable caretaking income, no office hours, exceptional flexibility and outstanding value.
** Ras360 Property Solutions – Specialists in Parks | Hotels | Pubs | Motels | Management Rights **
