Summary
Management Rights Take control of your future with balance between work and play. You look after the caretaking duties within the community and manage the rentals for the investment owners.
Net Profit
$95,000 pa
Location Details
218 Queen Street, Cleveland
Beautiful bayside Cleveland, walking distance to the retail shops, short drive to Raby Bay and the fabulous dining precinct and beaches.
Potential
With Management Rights you are protected by a Caretakers Agreement. You are your own boss, you control your future. The Body Corp and Committee work with you to manage the complex. Your income from the B/c goes up the CPI each year. You have income from the Rentals you manage for investors.
Skills
Do you know how to cut grass (with a ride on), can you garden, can you related to people, are you organised? Thats it!
Hours
Whilst the office has no set hours, I find approximatly 20 hours per week for caretaking needs seasonally adjusted.
Lease
Current Catertakers agreement has 24 years to run (maximun is 25 years)
Employees
Your self and perhaps your partner
Reason for Sale
I have being here 13 years and my recently retired wife wants me to put my feet up on the stool
About the Business
Management Rights is a very rewarding indusrty. You work out in the fresh air, you meet great people, you can have a great work/fun life balance. You have a solid income that is inflation proof and more recently COVID proof. If you are handy with tools, you can make much more doing odd jobs for residents. MR have always being regarded as a blue chip business and will earn you a great return on your investment.
History
Cleveland Central first opened in 1994. It has 42 units... a mix of townhouses and lowset villas. It is a gated community with families, couples and single people of all ages.
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