Arundel, Queensland

Seize the Ultimate Investment: Your Dream Home and a Thriving MLR in One Package | Resort Brokers ID : MR006835

$1,225,000

Business Description

Discover an exceptional opportunity to own the Management Rights and manager's residence next door to A.B Patterson College - a stunning 59-townhouse complex located in the sought-after suburb of Arundel on the Gold Coast. This highly manageable business offers a solid net income and a generous Body Corporate Salary of $85,770.



  • Perfectly located near A.B Patterson College

  • 59 townhouse complex + spacious manager's residence

  • Generous Body Corporate Salary of $85,770

  • 25 units in the onsite rental pool, six managed by outside agents and 28 owner-occupied

  • Supportive Body Corporate Committee and Manager

  • Low maintenance caretaking duties with well-kept gardens and pool

  • Over 20 years on the agreements

  • High-quality residents and growth potential

  • Beautifully renovated three-bed manager's house with office and lush gardens

  • Ideal location in family-friendly Arundel, Gold Coast

  • Property inspections are by appointment only

Date updated: 10 Jul 2023 09:07:42

Business Summary

Business Snapshot

Price: $1,225,000 Net Profit: $136,655 Remuneration / Body Corp Salary: $85,770

Managers Unit

Value of Managers Apartment: $675,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 59Total Units in Letting Pool: 25Owner Occupy Units: 28Outside Agent Units: 6Agreement Term Remaining: 20 years
Marketing Agent
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Proximity to Services!!
Gavern Property - Management Rights
Proximity to Services!!

SOUTHPORT

$1,280,000

Net Income: $120,000
Managers Estate: $800,000 2 Bed 2 Bath
Letting Pool: 17
Remuneration: $71,000

Northern Gold Coast – Caretaking Only – Very Minimal Duties | Resort Brokers ID : MRC008977
ResortBrokers
Northern Gold Coast – Caretaking Only –...

COOMBABAH

$1,100,000

Net Income: -
Managers Estate: $750,000 4 Bed 2 Bath
Letting Pool: 35
Remuneration: $99,793

Gold Coast permanent management rights-easy to run - ideal for first time buyer | Resort Brokers ID : MR008956
ResortBrokers
Gold Coast permanent management rights-easy...

PACIFIC PINES

$1,264,000

Net Income: $108,500
Managers Estate: $830,000 3 Bed 2 Bath
Letting Pool: 41
Remuneration: $76,032

A Gem of a Position!!!
Gavern Property - Management Rights
A Gem of a Position!!!

SOUTHPORT

$1,280,000

Net Income: $120,000
Managers Estate: $800,000 2 Bed 2 Bath
Letting Pool: 17
Remuneration: $71,700

Rare Surfers Paradise Gem with Stunning Managers Unit
Ras360
Rare Surfers Paradise Gem with Stunning...

SURFERS PARADISE

$390K MR & $910K Unit = Total $1.3M

Net Income: $125,174
Managers Estate: $910,000 2 Bed 2 Bath
Letting Pool: 43
Remuneration: $84,057

High Performing MR with High ROI and Lifestyle Appeal
Ras360
High Performing MR with High ROI and...

SURFERS PARADISE

$610K MR & $750K UNIT = Total $1.360M

Net Income: $227,866
Managers Estate: $750,000 2 Bed 2 Bath
Letting Pool: 39
Remuneration: $78,746

Absolute Beachfront MR in Prime Southern GC Pocket – High Yield Meets Prime Sea Change Destination
Central Gold Coast Rent Roll!!
Absolute Beachfront Management Rights Mermaid Beach
Mere Footsteps from the Beach!!
Beachfront lifestyle, sub 3.7 × multiple, solo friendly operation in Miami.
Business Only Permanent Management Rights in Inner Northern Brisbane, Windsor
$186,354 Net & 4 Bed Freestanding House – Brisbane Northside - ID 9217
ENDLESS POSSIBILITIES, RELAXED LIFESTYLE, MAKE IT YOURS - 2770MF
BOUTIQUE ECO-RESORT IN PRIME ATHERTON TABLELANDS LOCATION | Resort Brokers ID : FH009028
PRIME BEACHFRONT LIVING WITH A HIGH PERFORMING BUSINESS | Resort Brokers ID : MR009045
Make your Dream a Reality
Rare South Bank Precinct Dual Management Rights Opportunity
Focus on this Fantastic Opportunity
OWN AN ENTIRE FREEHOLD OFF-GRID TOWN  VICTORIA
Settlers Tavern – Leasehold Opportunity including drive-through bottle shop
Stunning Beach Front Living
Iconic and Historical Bed & Breakfast in the heart of Queenscliff | Resort Brokers ID : FH009040
Low Maintenance Corporate Trading Motel Backed by a Secure 26-Year Lease | Resort Brokers ID : LH008789