Banora Point, New South Wales
Live Offsite – No Real Estate Purchase Needed - ID 8435
$395,000
Business Description
Permanent Management Rights For Sale
Looking for a low-cost entry into the management rights industry? This business-only opportunity offers excellent returns, minimal overheads, and a lifestyle-friendly workload.
Business Highlights:
- Easily Run by One PersonStreamlined operations make this the perfect solo venture or a great income supplement.
- Guaranteed Income Enjoy a caretaking salary of over $70,000, indexed annually to CPI – reliable and secure.
- Additional Earning PotentialExtra income available through body corporate work and unit owner maintenance requests.
- AgreementsNew 10 year agreements at settlement.
- Prime LocationConveniently located near major shopping centres, schools, and public transport – just 15 minutes from Gold Coast Airport.
- No Gardening CostsAll equipment is supplied and maintained by the body corporate – saving you time and money.
- Low Multiplier – Only 3.39Great value – this one is priced to move!
Whether you're entering the industry or expanding your portfolio, this low-maintenance, high-return management rights business is a smart investment.
Net Profit: $116,469
Asking Price: $395,000
(Business only - No real estate)
For further information or to arrange an inspection of this Tweed Coast Management Rights business for sale contact:
Management Rights Brokers
Phil Trimble & Gerard Dixon
Property Code: 1046
Business Summary
Business Snapshot
Price: $395,000
Net Profit: $116,469 Remuneration / Body Corp Salary: $70,642
Managers Unit
Business only option, no real estate to purchase.
Complex Information
Complex Type: PermanentTotal Units in Complex: 54Total Units in Letting Pool: 16Owner Occupy Units: 35Outside Agent Units: 3Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 7 yearsPool: Yes
Key Investment Insights
1. Business-only sale, no real estate purchase required, managers unit not included.
2. Net profit $116,469, asking price $395,000, implied low multiplier of 3.39 indicating value for money.
3. Guaranteed caretaking salary of $70,642, indexed annually to CPI, providing a reliable income base.
4. Streamlined operations suitable for a single operator, low-maintenance workload and lifestyle-friendly hours.
5. New 10-year agreements to be put in place at settlement, ensuring long-term contract security; current agreement term remaining listed as seven years.
6. Additional revenue streams available from body corporate work and owner maintenance requests, enhancing profit potential.
7. Complex size 54 units, with a letting pool of 16 units and 35 owner-occupied units, providing a stable owner base.
8. Only three outside agent units, suggesting limited external management competition within the complex.
9. On-site pool amenity present, adding resident appeal and potential service tasks.
10. Operational cost savings, no gardening costs as equipment is supplied and maintained by the body corporate.
11. Prime Tweed Coast location, close to major shopping centres, schools and public transport, approximately 15 minutes from Gold Coast Airport.
12. Low overheads and minimal staff requirements, suitable for industry entry or portfolio expansion.
