Caretaking-Only Management Rights – Scarborough
Management Rights
ActivePropertyQueenslandB2B
Asking price
$855,344
Disclosed · AUD
Revenue (est.)
~$857,746
Estimated · comparable listings of this type and size
Net Profit
$213,836
Implied multiple
4.0×
asking / earnings
Brief
- Caretaking-only management rights across three near-new waterfront complexes in Scarborough, Queensland, totalling 157 units, with no manager's unit purchase and no requirement to live onsite.
- Manageable duties including minimal gardens, two pools and a barbecue area, with no set office hours.
- Standard modules with approximately 8.5 years remaining, and 23.5 years remaining on the Accommodation Module agreement.
- Includes four bonus letting appointments at no additional cost, alongside Body Corporate remuneration.
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