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SMITHFIELD, QLD
Simple Caretaking Business with 20-Year Agreements
Smithfield, QLD, 4878
Services · Management Rights
$249k - Low Priced & Rare Caretaking Only
If you've been searching for a simple, low-maintenance entry into the management rights industry, Arcadia Gardens deserves your attention. This rare caretaking-only business offers a secure income, minimal complexity and genuine future upside. Key Investment Highlights Caretaking Salary $63k+ Business Price: $249k Return on Investment: 25%+ 19 Years Remaining on Accommodation Module Agreements 18 externally managed rentals (genuine upside) Strong Body Corporate SalaryClean caretaking-only opportunitiesparticularly those with latent letting potentialremain tightly held and highly sought after.The OpportunityArcadia Gardens is a well-established unit complex comprising 28 one-bedroom apartments, operating under an Accommodation Module with a solid 20 years remaining.With no rentals to manage, this is a true caretaking-only businessideal for buyers seeking simplicity, lifestyle, and predictable income without the operational intensity of a full letting business.However, the real story here is the embedded upside.Approximately 18 units are currently externally managed, presenting a clear pathway for a new operator to organically build a letting portfolio over time.Income Profile Body Corporate Salary: $63,138.33 + GST Potential Letting Income (External Pool):Based on conservative rental assumptions: $28k+ p.a. additional income available to target This creates a compelling hybrid income model: Secure, indexed salary Plus scalable letting income (optional, not essential) Why It Stands Out1. True Entry-Level Simplicity - No letting pool means reduced workload, minimal staffing requirements, and straightforward operations.2. Accommodation Module Security - 20 years remaining provides long-term tenure and finance-friendly structure.3. Proven Rental Demand - Cairns continues to experience strong demand for affordable, smaller-format accommodation, particularly one-bedroom product catering to singles, workers, and transient residents.4. Genuine Upside (Not Hypothetical) - With ~18 externally managed units already in the complex, the pathway to building a letting pool is tangiblenot speculative.5. Lifestyle + Income Balance - Perfectly suited to owner-operators seeking a manageable business with the flexibility to scale involvement over time.Ideal Buyer First-time management rights buyer Semi-retired operator seeking stable income Existing operator looking for a bolt-on or low-intensity second business Investor wanting a salary + upside model without operational complexity The Bottom LineOpportunities like Arcadia Gardens sit in a high-demand niche of the marketaffordable, easy-to-run caretaking businesses with clear future growth potential.Secure the income today. Unlock the upside tomorrow.** Ras360 Property Solutions Specialists in Management Rights | Motels | Hotels | Pubs | Parks **
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