For the first time in a decade, this exceptional business opportunity is available on the market. Recently extended to a 25-year term, the long-term accommodation module agreements highlight a truly harmonious scheme, making this a rare and stable investment. Located in the desirable Buderim area, this property offers significant potential for new managers to enhance profitability and capitalize on a thriving market.
What sets this business apart is its unparalleled flexibility and lack of set office hours, providing a unique operational advantage. The property features no elevators, low-maintenance tiles, and minimal thoroughfares, with tenants responsible for putting out their own bins. This simplicity in management makes the operation remarkably efficient. The current setup supports a passive management style, with no requirement to reside on-site. Additionally, the spacious 4-bedroom townhouse generates an extra $35,000+ in annual income, which is not reflected in the P&L, further enhancing the investment's attractiveness.
Offering no set office hours and the ability to lease out the manager's residence independently, this property presents a flexible and lucrative opportunity. The building, composed entirely of townhouses, is easy to maintain, and the upcoming staged painting project will enhance its aesthetic appeal, boosting the property's value. This opportunity is perfect for investors seeking a profitable, low-maintenance business with substantial growth potential.
- Rent out the managers unit for an additional 35k per year
- Management have just received a 5 year tenure top up to 25 years
- Streamlined business can be ran with ease of operation
- High rental demand area, better suited to tenants that owner occupiers
- No set office hours providing flexibility and no weekends or public holidays
- $183,777 body corporate salary (combined)
- Opportunity to secure more lettings from outside agents
- Inspections are by appointment only
