For Sale Exclusive
Caretaking Only in Prime Sunshine Coast Location
Sippy Downs
Sippy Downs, QLD, 4556
In the heart of Sippy Downs, a highly desirable area on the Sunshine Coast, surrounded by shops, cafes, and just 10 minutes from beautiful surf beaches, this opportunity offers a fantastic lifestyle and a profitable business that can be easily managed by one person.
The current manager has successfully operated this business for nearly 2 decades and is now offering it for sale. This rare caretaking-only business generates consistent revenue with no set office hours, providing the perfect work/life balance. The business presents a significant potential for growth, including the opportunity to build a rental pool and increase income through real estate sales across the two complexes.
Both complexes feature modern designs, providing a comfortable living environment amidst landscaped tropical gardens.
The Lakes:
Built in 2003
26 units
The Lakes $50,552 excl GST
The Brooks:
Built in 2004
25 units
The Brooks $51,762 excl GST
Key Highlights:
Sought after location in Sippy Downs
First time to market in over 17 years
Low Body Corporate Fees of $6,716 per annum
A simple and straightforward business model
Potential to grow business through real estate sales
Stable body corporate salary
No set office hours
Large manager's residence
Opportunity to make extra money through repairs and maintenance
Close to retail centres, parks, and public transportation
Excellent training and handover by the vendor
Nett Income: $104,541
Manager's Unit Value: $750,000
Remuneration: $102,314
Amenities
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Tennis Court
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Swimming Pool
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BBQ Facilities
Video