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: Yes

Beautifully 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

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Verified net profit $264,445, demonstrating strong current profitability.
2. Asking price $1,998,000, with a stated business value of $998,000.
3. Manager remuneration/body corporate salary $104,166, reviewed annually by CPI, providing indexed income stability.
4. Long-term agreement security, 25-year Accommodation Module originally, with over 22 years remaining.
5. Secure gated complex of 70 townhouses, offering a stable asset base and resident security.
6. Established letting portfolio cited as 56 appointments, comprising 38 onsite rentals and 18 external properties within a 15 kilometre radius.
7. No requirement to live onsite, allowing the incoming owner to lease the manager’s residence for additional income.
8. Managers unit included, beautifully renovated three-bedroom townhouse valued at $1,000,000, with modern finishes, private courtyard and secure garage.
9. Low-maintenance operation, no swimming pool, lifts, gymnasium or extensive common property facilities, reducing upkeep and operational complexity.
10. Premium Gold Coast location, enhancing appeal for tenants, resale and long-term demand.

Management Rights Multiplier: 3.77
ROI Estimate: 13.24%