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.
- 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 required, enabling low capital outlay for entry into management rights.
2. Asking price $395,000, net profit $116,469, implying an attractive cash return.
3. Low multiplier of 3.39, signalling value-priced listing and potential for quick sale.
4. Guaranteed caretaking salary of $70,642 plus CPI indexing, providing stable baseline income.
5. Streamlined operations suitable to be run by one person, minimal staffing overheads.
6. Additional revenue streams from body corporate work and unit owner maintenance requests, increasing earnings upside.
7. Complex is permanent with 54 total units, 16 in the letting pool, 35 owner-occupied, and 3 managed by outside agents, showing a balanced occupancy mix.
8. Standard 10-year agreement with 7 years remaining, offering medium-term contractual security.
9. No gardening costs, as equipment is supplied and maintained by the body corporate, reducing operating expenses and management time.
10. Property amenities include a pool, adding to owner and tenant appeal.
11. Location appeal: close to major shopping centres, schools and public transport, and only 15 minutes from Gold Coast Airport, supporting demand and convenience.