Newport QLD 4020

Here's your perfect chance to secure a lucrative business-only management rights with a high net profit and work with flexibility in a serene coastal setting!

This is a newly established permanent caretaking and management rights business overlooking Newport Lake on the Redcliffe Peninsula and roughly 30 minutes from Brisbane airport.

Net profit $256,224 per annum
No real estate to own or requirement to live onsite
No set office hours giving managers great flexibility in running the business
Large 38sqm office and 16sqm storage both under Occupational Authority
Body corporate salary of $178,646 per annum
24 years remaining on accommodation module caretaking and letting agreements
Total of 124 lots with a combination of poolside villas, townhouses and apartments
Letting pool has 20 units under permanent rental
Future upside with switchover to investor-led apartments
Gorgeous water views from apartments and some private marina berths
Podium level swimming pools with landscaped gardens and outdoor seating
350m walk to Marketplace with supermarkets, key retailers, gym and cafes
Inspections by appointment only