Biggera Waters, Queensland

Large Income and Permanent MR Business in Biggera Waters

SOLD

Business Description

NEXT Realty is proud to present an exclusive opportunity to acquire the management rights of a large income permanent management rights business in Gold Coast, indeed it is a good opportunity for astute investors seeking stability, growth, and long-term returns.

Key Features

- Well-established permanent business in Biggera Waters, a dynamic/leafy suburb of Gold Coast
1 Min to the Broadwater
2 Min to Local bus stop on Brisbane Rd
2 Min to Coles Supermarket
6 Min to Harbour Town Shopping Centre
6 Min to Runaway Bay Shopping Centre
8 Min to Griffith University - Gold Coast Campus
8 Min to Gold Coast Hospital
10 Min to Australia Fair Shopping Centre
- Huge Net Income $423,639 in the P&L prepared by a professional Industry Accountant
- Fantastic Body Corporate salary of $236,282, with annual increase by CPI every September
- Well-run building, well-established business and all procedures documented
- Complex very popular with tenants
- Healthy Body Corporate relationship in place
- 20 years long term agreements on a BCCM Accommodation Module
- Spacious office on ground floor, be contactable during normal hours
- Manager Lot was valued by a Industry Specialist Valuer on bank panel at $810,000

If you want to buy a well-established operation with strong financials management right business, it ticks all your boxes, please book your inspection immediately with Exclusive Agent - NEXT Realty
Inspection by appointment only

Business Summary

Complex Information

Marketing Agent

David Jiang

0481500....

Next Business & Property Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Large permanent management rights business in Biggera Waters, Gold Coast, offering stability and long-term income.
2. Substantial net income of $423,639 per P&L prepared by a professional industry accountant.
3. Significant Body Corporate salary of $236,282, with annual CPI increases each September.
4. 20 year long-term agreements under the BCCM Accommodation Module, providing contract stability.
5. Manager Lot valued at $810,000 by an industry specialist valuer on a bank panel.
6. Well-run operation with documented procedures, indicating ease of transition and scalable management.
7. Strong tenant appeal and a popular complex, supporting occupancy and rental stability.
8. Healthy Body Corporate relationship in place, reducing governance risk and potential disputes.
9. Spacious ground-floor office, enabling on-site accessibility and normal hours contactability.
10. Prime local amenities and transport links, 1 minute to the Broadwater, 2 minutes to Brisbane Road bus stop and Coles, and close to major shopping centres.
11. Proximity to key services and institutions, 8 minutes to Griffith University Gold Coast campus and Gold Coast Hospital, 6 to 10 minutes to major shopping hubs.
12. Inspection by appointment only, indicating an exclusive sale process and controlled access for serious buyers.