Bundall, Queensland

Supervisory Role, Super Easy Business - ID 7991

$1,850,000

Business Description

Permanent Management Rights for Sale
The Best Care-taking Agreements & Magnificent Residence

- Strong Financials: Net operating profit of $180,681.

- Guaranteed Income: High Body Corporate salary of $106,661 + GST, featuring annual CPI increases.

- Minimal Workload: Very minimal work required with no set office hours.

- Superb Agreement: One of the best caretaking agreements ever seen—supervisory role only. If you choose to undertake additional duties yourself, there is potential to earn even more income.

- Stable Letting Pool: All permanent rentals with a highly manageable letting pool of only 19 lots.

- Long-Term Security: A 25-year agreement with 19 years remaining.

- Premium Manager's Residence: Quality renovated villa featuring 3 bedrooms, 2 bathrooms, and 5 car spaces.

- Exceptional Living Space: Large and beautiful backyard area, perfect for relaxation and entertaining, with up to 4 air-conditioners providing excellent comfort throughout.

- Prime Gold Coast Location: Positioned in the heart of the Gold Coast, offering a quiet, peaceful environment while still being super convenient and close to everything.

- Total Selling Price: Only $1,850,000 (including the magnificent, spacious 3-bedroom villa).

Less work, easy income, and exceptional flexibility.

Compare this opportunity with others on the market and you will immediately recognise the genuine difference.

Outstanding opportunities like this never last long - act quickly to avoid disappointment. Call Bill He on ---------- NOW.

Net Profit: $180,681
Asking Price: $1,850,000
(Inclusive of Manager's Real Estate)

For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:

Management Rights Broker
Bill He

Property Code: 947

Business Summary

Business Snapshot

Price: $1,850,000 Net Profit: $180,681 Remuneration / Body Corp Salary: $106,661Business Value: $900,000

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 3Bathrooms: 2Car Spaces: 4Office: On Title

Good quality villa featuring 3 bedrooms, 2 bathrooms, and 5 car spaces.

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. Advertised strong cashflow, with net operating profit shown as $180,681, snapshot also listing net profit of $151,486.
2. Guaranteed recurring income from a high Body Corporate salary, advertised at $106,661 plus GST with annual CPI increases, snapshot listing remuneration at $91,864.
3. Long-term contractual security, 25-year caretaking agreement in place with 19 years remaining.
4. Very low operational workload, supervisory role only with no set office hours and minimal hands-on duties required.
5. Upside potential, opportunity to increase income by electing to perform additional duties beyond the supervisory role.
6. Small, stable letting pool of only 19 permanent lots, implying manageable tenant administration and lower turnover.
7. Manager’s residence included in sale, quality renovated 3-bedroom, 2-bathroom villa sold as part of the package.
8. Significant on-title asset value, managers apartment value listed as $980,000, included in the $1,850,000 total selling price.
9. Generous residence amenities, large backyard, up to four air-conditioners, and multiple car spaces (snapshot lists four, description mentions up to five).
10. Prime Gold Coast location, described as quiet and peaceful yet very convenient, with complex amenities including a pool and BBQ area.

Management Rights Multiplier: 4.98
ROI Estimate: 9.77%