31/1 Wellington Street
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About this property
A rare opportunity to acquire a well-established and profitable NDIS and Residential Management Rights business located in a quiet, picturesque pocket of Brassall, Ipswich just 3.5 km northwest of the Ipswich CBD. Stuart Patterson Lodge is an over-50s complex comprising approximately 60 one-bedroom units, providing onsite dining and medicine support to residents with NDIS plans and Meal Agreements. Key Investment Highlights:- > Management Rights Salary: approx. $110,000 p.a. > Letting Commissions: approx. $20,000 p.a. > NDIS & Meal Agreement Revenue: approx. $650,000 p.a. > Combined Net Income: approx. $540,000 p.a. > Seller is motivated and open to immediate offers Caretaker's Residence:- > Comfortable 2-bedroom, 2-bathroom unit with a dedicated car space > Conveniently located near the reception area > Includes dining room and commercial kitchen Operations:- > Caretaking duties include: > Supervising external contractors (gardeners, cleaners, maintenance) > Maintaining common property to a high standard > Ensuring resident compliance with Body Corporate by-laws > The current owner employs: > 1 onsite caretaker assistant > 3 support staff servicing NDIS participants > The owner is not required to live on-site Why Buy This Business:- > Established, profitable operation with multiple income streams > Stable NDIS participant base and meal plan agreements > Attractive net income and lifestyle balance > Ideal for both new entrants and established NDIS providers expanding their portfolio For Sale:- > Expressions of Interest motivated seller, immediate offers invited > Inspections by appointment only. Space Property has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Listed
- 2 months ago
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