Bundall, Queensland

Almost No Garden Duty & High Net Profit of $331,547 - ID 9225

$3,425,000

Business Description

Permanent Management Rights for Sale
Extra $46,000 Rental Income

- Magnificent "2-in-1" Opportunity: A high-return package to secure two extremely simple management rights businesses, owned by the same vendor.

- Premium Assets: This package includes two outstanding real estate assets alongside a highly streamlined business operation.

- Extremely Light Workload: Both businesses are designed for ease of operation, requiring minimal effort and time.

- Ultimate Flexibility: No set office hours, allowing for a flexible, "manage at your own pace" lifestyle.

- Minimal Maintenance: Incredibly low upkeep; one complex’s gardening is paid for by the Body Corporate (supervisory role only), while the other has almost no gardens at all.

- Basic Facilities: Common areas are limited to simple BBQ areas and just one swimming pool across the properties.

- Convenient Location: Both complexes are located just 10 minutes apart, making them easily managed by a single person.

- High & Reliable Returns: Offers a strong combined Body Corporate salary of $185,197 + GST, featuring annual CPI increases.

- Stable Letting Pool: Total letting pool consists of 41 stable permanent rentals.

- Long-Term Security: Secured by rock-solid 25-year agreements, with 19 to 22 years remaining.

Manager’s Residences

Property One: A high-quality, newly renovated villa featuring 3 bedrooms, 2 bathrooms, and a rare 5 car spaces. It includes a large, beautiful backyard and 4 air-conditioning units for maximum comfort. Located in the heart of the Gold Coast, it is peaceful yet close to the beach, golf courses, and elite schools.

Property Two: A modern 2-bedroom, 2-bathroom apartment with 1 secure car space plus an additional exclusive-use space. Perfectly located near shops, dining, and transport, this property currently generates an additional $46,000 in gross rental income.

Net Profit: $331,547
Asking Price: $3,425,000
(Inclusive of two properties and businesses)

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

Management Rights Broker
Bill He

Property Code: 1152

Business Summary

Business Snapshot

Price: $3,425,000 Net Profit: $331,547 Business Value: $1,655,000

Managers Unit

Value of Managers Apartment: $1,770,000Bedrooms: 5Bathrooms: 4Car Spaces: 4Office: On TitlePets OK: Yes

Two properties, one with 3 bedrooms, 2 bathrooms, and 5 car spaces, and one with 2 bedrooms, 2 bathrooms, and 2 car spaces.

Complex Information

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

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. Net profit $331,547, asking price $3,425,000, business value $1,655,000, managers’ unit valued at $1,770,000.
2. Package includes two management rights businesses owned by the same vendor, sold together as a single opportunity.
3. Additional gross rental income of $46,000 from the second managers’ property, boosting overall cashflow.
4. Extremely light operational workload, minimal maintenance, almost no garden duties; one complex’s gardening paid by the Body Corporate, supervisory role only.
5. High and reliable returns, combined Body Corporate salary $185,197 plus GST, with annual CPI increases.
6. Long-term security from 25-year agreement modules, with approximately 19 to 22 years remaining.
7. Stable letting pool of 41 permanent rentals, indicating predictable occupancy and income.
8. Two high-quality managers’ residences included; Property One is newly renovated with substantial outdoor space and multiple air-conditioning units, Property Two is a modern 2-bedroom apartment.
9. Manager’s residence total car spaces are substantial, with one property offering up to five car spaces and the other offering secure plus exclusive-use space.
10. Low amenity footprint simplifies operations, with basic common areas limited to simple BBQ areas and a single swimming pool across the properties.
11. Convenient Gold Coast location, both complexes situated about 10 minutes apart, enabling single-person management and easy access to beach, golf courses, schools, shops and transport.
12. Flexible lifestyle offering with no set office hours, allowing management at owner’s preferred pace.

Management Rights Multiplier: 4.99
ROI Estimate: 9.68%