Bundall, Queensland

GOLD COAST BUSINESS ONLY MR WITH INCREDIBLE ROI | Resort Brokers ID : MRB008295

$2,145,000

Business Description

On offer is a remarkable investment opportunity to secure the business-only management rights to a centrally located Gold Coast property. This thriving business offers a generous body corporate salary circa $146k with a substantial net profit circa $400k+, making this an incredible ROI (return on investment)!

The complex boasts a large letting pool, with 88 in the scheme, and 65 units currently under management, ensuring a strong and sustainable net profit. The caretaking duties are minimal, and the low maintenance aspect further enhances the appeal of this investment, allowing the operator to focus on growth and profitability.

If you are an experienced operator looking to expand your portfolio, this is the perfect add-on business or either just starting out and looking for a well run, systematic property management business get in touch to inspect.


- Well run, systematic property management business
- Healthy sinking fund and progressive body corporate
- Topped up 25-year agreements
- Offering an Incredible Return on Investment
- Flexible workday, no set hours with minimal duties
- No Real Estate to purchase or requirement to live on site
- Strong Net Profit & $146k+Body Corporate Salary
- Room for growth via converting outside letting
- Fantastic Gold Coast location near event hubs, sporting venues, shopping precincts
- Inspections by appointment only

Date updated: 12 Jun 2024 23:00:03

Business Summary

Business Snapshot

Price: $2,145,000 Net Profit: $401,435 Remuneration / Body Corp Salary: $147,047

Managers Unit

Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 88Total Units in Letting Pool: 69Owner Occupy Units: 14Outside Agent Units: 5Agreement Term Remaining: 23 years
Marketing Agent
Listing location
Gallery

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

LARGE SCALE BUSINESS-ONLY PERMANENT MANAGEMENT RIGHTS Netting $582K | Resort Brokers ID : MR008258
ResortBrokers
LARGE SCALE BUSINESS-ONLY PERMANENT MANA...

VARSITY LAKES

$2,130,000

Net Income: $324,260
Managers Estate: $300,000 - Bed - Bath
Letting Pool: 36
Remuneration: $179,742

PREMIUM BUSINESS ONLY MANAGEMENT RIGHTS DUO - $330K NET PROFIT | Resort Brokers ID : MRB008213
ResortBrokers
PREMIUM BUSINESS ONLY MANAGEMENT RIGHTS DUO...

SURFERS PARADISE

Expressions Of Interest

Net Income: $331,598
Managers Estate: $48,000 - Bed - Bath
Letting Pool: 125
Remuneration: $176,042

Holiday Management Rights Surfers Paradise
Hotel Resort Sales
Holiday Management Rights Surfers Paradi...

SURFERS PARADISE

$2,195,000

Net Income: $333,723
Managers Estate: $535,000 2 Bed 1 Bath
Letting Pool: 73
Remuneration: $109,000

Earn Up to $240K with Stable, High Income & 2 Units - ID 9138
MR Sales
Earn Up to $240K with Stable, High Income...

CARRARA

$2,190,000

Net Income: $205,683
Managers Estate: $1,430,000 - Bed - Bath
Letting Pool: -
Remuneration:

FLEXIBLE BUSINESS OPPORTUNITY IN DESIREABLE COAST LOCALE | Resort Brokers ID : MR008167
ResortBrokers
FLEXIBLE BUSINESS OPPORTUNITY IN DESIREABLE...

VARSITY LAKES

$2,055,000

Net Income: $246,068
Managers Estate: $760,000 3 Bed 2 Bath
Letting Pool: 91
Remuneration: $134,393

Solid Performing Management Rights Business with a Strong Net Profit
Ras360
Solid Performing Management Rights Business...

BEAUDESERT

$2,170,000

Net Income: $328,203
Managers Estate: $595,000 4 Bed 3 Bath
Letting Pool: 78
Remuneration: $113,466

Exclusive - Outstanding Modern Complex Caretaking Only - ID 9121
Enticing Business Opportunity
Well-established CBD Hotel with Gaming & Accommodation - 1P6039
ACCOMMODATION & TOURISM BUSINESS FOR SALE IN CAPE TRIBULATION - 2820MF
Multi-award winning resort - Tweed Byron Hinterland FHGC | Resort Brokers ID : FH008315
Absolute Beachfront Resort Complex
Waterfront Property within Resort
Drouin Motel - 1P6044
Small Permanent Complex in Southport - ID 8381
Beautiful Redlands Area
Absolute Beachfront Management Rights - ID 8767
Acquire Prime Beachfront Resort, held for a decade, netting over $450,000 | Resort Brokers ID : MR008302
FIRST TIME AVAILABLE IN A DECADE! PRIME LARGE SCALE BRISBANE CBD MIXED-USE MLR! | Resort Brokers ID : MR008299
Outstanding Investment in the Thriving Tourism Industry of Tropical North Queensland - 2835BF
ESTABLISHED BUSINESS-ONLY MANAGEMENT RIGHTS IN COASTAL NSW | Resort Brokers ID : MRB008288
CARETAKING ONLY EASY TO RUN BUSINESS - START SMALL TO BUILD BIG! | Resort Brokers ID : MRC008287
Ocean Views Motel, Lakes Entrance VIC - 1P0297
Huge Remuneration and Small Letting Permanent MR in Brisbane West