This is a very rare opportunity to acquire a very well established and profitable business in Airlie Beach without any further major capital outlay.

Our vendor has operated this Caretaking business for 20 years and has enjoyed the support of the Body Corporate over that time but its now time to retire. The current Caretaking agreement is for a 10 year agreement expiring 30 September 2029 so in excess of 5 years remaining. Current income $81,756 (ex GST) per annum increases by CPI or 3% per annum annually whichever is the greater so there is considerable income to be earned over the next 5 years+.

In addition to the caretaking salary there is a regular usually monthly expense reimbursement of up to $3,720 per annum for motor vehicle and similar expense. A successful purchaser of this business may well be able to negotiate a new agreement with the Body Corporate beyond 2029 prior to the expiration of the existing agreement

The Managers very comfortable two bedroom freehold unit is included in the purchase which is a requirement under the Caretaker Agreement.

This property /business package is offered for sale by negotiation in excess of $350,000.