Banora Point, New South Wales
Business Only Management Rights in Banora Point
$395k - Business Only
Business Description
Thinking about getting into the Management Rights industry? Looking for an add on business?
Greenway Gardens at Banora Point could be the perfect way to get started.
This is a genuine business-only opportunity there’s no real estate to buy, which means lower entry costs and more flexibility.
It’s easy to run, suits one person comfortably, and brings in a solid net profit of over $114,000 a year.
The complex is neat, quiet and well looked after, with 16 units in the letting pool and the caretaking duties are very manageable.
You don’t need a team of staff or years of experience just a good attitude and a willingness to get involved.
The location is another big tick. Banora Point offers a relaxed, coastal lifestyle with everything you need close by shops, schools, medical, and beaches all within easy reach.
You're only 10 minutes from the Southern Gold Coast and the airport, which makes it ideal for anyone wanting the balance of a stable income and lifestyle.
Whether you're making a career change or looking for a business that offers more freedom, Greenway Gardens is well worth a look.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $395k - Business Only
Net Profit: $114,433 Remuneration / Body Corp Salary: $68,973
Complex Information
Complex Type: PermanentTotal Units in Complex: 54Total Units in Letting Pool: 16Owner Occupy Units: 36Outside Agent Units: 2Agreement Term: 10 yearsAgreement Term Remaining: 8 years
Key Investment Insights
1. Business-only opportunity with no real estate to buy, allowing for lower entry costs and more flexibility.
2. Easy to run with one person and brings in a solid net profit of over $114,000 a year.
3. Well-maintained complex with 16 units in the letting pool and manageable caretaking duties.
4. No need for a team of staff or years of experience, just a good attitude and willingness to get involved.
5. Ideal location in Banora Point, offering a relaxed, coastal lifestyle with easy access to shops, schools, medical facilities, and beaches.
6. Only 10 minutes from the Southern Gold Coast and the airport, making it a desirable location for a stable income and lifestyle.
7. Suitable for those looking for a career change or a business with more freedom.
8. Specialist in Management Rights, Motels, Hotels, Pubs, and Parks.
9. Business listed at $395,000 for the business only.
10. Net profit of $114,433 with a remuneration/body corp salary of $68,973.
11. Complex type is permanent with a total of 54 units, 16 of which are in the letting pool.
12. Agreement term is for 10 years with 8 years remaining.
