Burleigh Heads, Queensland

The Managers Unit Rented $355 Per Week, The Perfect Caretaking Only in Burleigh.

$780,000

Business Description

Explore the ideal investment opportunity with the management rights for St Marie Apartments, located in the vibrant Burleigh Heads. This caretaking-only business provides a stable and reliable income with minimal effort required, perfect for those looking for a balanced lifestyle.

Key Features:
**Location: Situated in a prime spot on the iconic Gold Coast Highway, offering convenient access to the beach, retail shops, cafes, and everything Burleigh Heads has to offer.

**Income Potential: The manager's apartment is currently leased, generating a consistent weekly income of $355, contributing to the business's overall profitability.
**Complex Size: Features 27 well-kept units, with 16 managed by external agents, ensuring a manageable workload and steady income.
**Lifestyle: Benefit from a consistent income while enjoying the relaxed, coastal lifestyle of Burleigh Heads.
**Low Commitment: The caretaking-only position demands minimal active involvement, affording more flexibility and personal time.
**Investment Security: Boasting a leased manager's unit and a well-maintained property, this investment offers stable returns and potential for growth.

Seize this outstanding chance to acquire the management rights in Burleigh. Reach out to us today to find out more and embark on your new investment journey.

**Ras360 – Hotels, Motels, Pubs, Parks & Management Rights**

Business Summary

Business Snapshot

Price: $780,000 Net Profit: $36,204 Remuneration / Body Corp Salary: $36,204

Managers Unit

Value of Managers Apartment: $650,000

Complex Information

Complex Type: PermanentTotal Units in Complex: 27Owner Occupy Units: 11Outside Agent Units: 16Agreement Term: 25 yearsAgreement Term Remaining: 12 years
Marketing Agent
Paul Mueller
Paul Mueller

Key Investment Insights

1. Prime location on the iconic Gold Coast Highway, providing easy access to the beach and local amenities.
2. Consistent weekly income of $355 from the leased manager's apartment.
3. Manageable workload with only 16 units being managed by external agents.
4. Opportunity for a balanced lifestyle, enjoying the relaxed coastal lifestyle of Burleigh Heads.
5. Low commitment required for caretaking-only position, allowing for more personal time.
6. Investment security with a leased manager's unit and well-maintained property.
7. Opportunity for growth and potential for higher returns.
8. Price of $780,000 with a net profit of $36,204 and a remuneration/body corp salary of $36,204.
9. Value of manager's apartment at $650,000.
10. Complex type is permanent with a total of 27 units, 11 owner-occupied and 16 managed by outside agents.
11. Agreement term of 25 years with 12 years remaining.

Management Rights Multiplier: 3.59
ROI Estimate: 27.85%

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

Strong Trading Well Presented Caravan Park on The Tablelands - 1P5799CP
Wanaka True Lifestyle Town - 13 Unit Motel
Rare Investment Opportunity - 1048CPI
HIGH NET PERMANENT BUSINESS OFFERING EXCEPTIONAL RETURNS | Resort Brokers ID : MR008351
Unique FHGC! 250 ha offering multiple income streams + room for growth | Resort Brokers ID : FH008293
Substantial regional leasehold motel with 35% ROI | Resort Brokers ID : LH008336
*** REDUCED PRICE **** Year Round Beach Sanctuary - Management Rights
Great First Timer Leasehold Motel - 1916ML
Terrific Holiday Resort Overlooking Far North Queensland's Finest Beach Location
WELL PERFORMING MOTEL WITH OUTSTANDING DEVELOPMENT POTENTIAL
Unlock Dual incomes with Two Caretaking-Only Complexes in inner Brisbane
Premium Motel - 27 Units - Must Sell - $400k+ N.P.
BUSINESS ONLY DUO IN HOT INVESTMENT AREA OFFERS GREAT INCOME & WORK FLEXIBILITY | Resort Brokers ID : MRB008324
PRIME PICK! SLICK AND WELL-RUN PERMANENT MLR WITH 24 YEAR TERM & $200K P.A. | Resort Brokers ID : MR008353
Nobby’s Beach Cafe Lease For Sale
Lot 10, Lake Drive Land For Sale In A High Country Golf Resort
Unique FHGC with significant land holding + opportunities to amplify revenue | Resort Brokers ID : FH008348
Best priced business in Queensland, boasting a $301k net profit and large ROI | Resort Brokers ID : MR008347