Burleigh Waters, Queensland
PERMANENT MANAGEMENT RIGHTS GOLD COAST - NO REQUIREMENT TO LIVE ONSITE
$1,998,000
Business Description
This outstanding Gold Coast management rights business combines proven profitability, long-term agreement security and an enviable lifestyle in one of the region's most desirable residential locations.
Held by the current owners for more than 13 years, the business generates a verified net profit of $264,445 and benefits from over 22 years remaining on the Accommodation Module agreements, providing confidence and stability for the incoming purchaser.
The secure, gated community comprises 70 well-maintained townhouses with an established letting portfolio of 56 appointments, including 38 onsite rentals and 18 external properties within a 15-kilometre radius. With no requirement to live onsite, owners have the flexibility to lease the manager's residence and generate additional income.
Designed for easy operation, the complex has no swimming pool, lifts, gymnasium or extensive common property facilities, keeping maintenance requirements low and allowing for an efficient, manageable workload.
Included in the sale is a beautifully renovated three-bedroom townhouse featuring contemporary finishes, open-plan living, a modern kitchen, private outdoor entertaining area and secure parking. Whether enjoyed as your own residence or leased for additional income, it adds significant value and flexibility to this exceptional business opportunity.
Key Highlights
- Verified net profit of $264,445
- Opportunity to generate additional income by leasing the manager's residence
- Over 22 years remaining on Accommodation Module agreements
- Secure, gated complex of 70 townhouses
- Established letting portfolio with 56 appointments
- No requirement to live onsite
- Low-maintenance operation with minimal shared facilities
- Beautifully renovated 3-bedroom townhouse included
- Premium Gold Coast location
Offering strong financial performance, straightforward day-to-day management and long-term agreement security, this is a rare opportunity to acquire a high-quality management rights business with the added benefit of a beautifully renovated home in a sought-after Gold Coast location.
Property Code: 620
Business Summary
Business Snapshot
Price: $1,998,000
Net Profit: $264,445 Remuneration / Body Corp Salary: $104,166Business Value: $998,000Body corp salary review: CPI Annually
Managers Unit
Value of Managers Apartment: $1,000,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: YesBeautifully renovated three bedrooms, two-and-a-half bathrooms, secure garage, and a private courtyard,
Complex Information
Complex Type: PermanentTotal Units in Complex: 70Total Units in Letting Pool: 37Owner Occupy Units: 30Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 years
Key Investment Insights
AI generated. Confirm details with the seller.
1. Verified net profit of $264,445, with an asking price of $1,998,000.
2. Accommodation Module agreements have 22 years remaining, providing long term contractual security.
3. Annual body corporate remuneration of $104,166 includes CPI reviews.
4. No requirement to live onsite, allowing the manager’s residence to be leased for additional income.
5. Established letting portfolio of 56 appointments includes 18 external properties within a 15 kilometre radius.
6. Minimal shared facilities, with no pool, lifts or gymnasium, support low maintenance requirements and manageable operations.
7. Secure, gated community comprises 70 townhouses in a sought after Gold Coast residential location.
8. Sale includes a renovated three bedroom townhouse with modern kitchen, private courtyard and secure parking, valued at $1,000,000.
9. Office is on title, providing dedicated business infrastructure.
10. Current owners have held the business for more than 13 years.
Management Rights Multiplier: 3.77
ROI Estimate: 13.24%
