Carrara, Queensland

252K Profit Gold Coast Stunning Permanent Complex

SOLD

Business Description

• Motivated vendor, priced to sell business for retirement.
• Townhouse & apartments mixed with only permanent letting
• Stunning lake view with very quiet and relaxing environment
• Solid stable income with remuneration over $ 189,690 pa.
• Not Required to live onsite
• Long term agreement with 22 years remaining
• Healthy sinking fund over $1.2 million
• Standalone luxury manager house with office on title and double garage. Manager house price is around 850k but subject to valuation report coming soon.
• Centrally located, close to both private and public schools, and golf courses
• Easy access to M1 up to Brisbane and Logan, just minutes away to Broadbeach and shopping centers.
• Expression of interest is welcome. We will present multiple offers for the vendor to consider and select from
• Contact us today to book an inspection

Business Summary

Business Snapshot

Price: SOLD Net Profit: $252,000 Remuneration / Body Corp Salary: $189,690

Managers Unit

Value of Managers Apartment: $800,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 124Total Units in Letting Pool: 21Owner Occupy Units: 97Outside Agent Units: 5Agreement Module: StandardAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesBBQ Area: Yes
Marketing Agent
Greg Yang
Greg Yang

Jodi Shore
Jodi Shore

Onsite Management Rights

Onsite Management Rights

Key Investment Insights

1. Motivated vendor looking to sell business for retirement.
2. Mix of townhouses and apartments with only permanent letting.
3. Stunning lake view and quiet environment.
4. Solid and stable income with remuneration over $189,690 per annum.
5. Manager is not required to live onsite.
6. Long-term agreement with 22 years remaining.
7. Healthy sinking fund of over $1.2 million.
8. Standalone luxury manager house with office and double garage.
9. Centrally located near schools, golf courses, and shopping centers.
10. Easy access to M1 for travel to Brisbane and Logan.
11. Expression of interest is welcome, with multiple offers to be presented to the vendor.
12. Managers unit valued at $800,000 with 3 bedrooms, 2 bathrooms, and 2 car spaces.
13. Complex is permanent with a total of 124 units, 21 in the letting pool, and 97 owner-occupied units.
14. Agreement module is standard with a term of 25 years and 22 years remaining.
15. Complex amenities include a pool and BBQ area.

Management Rights Multiplier: 5.30
ROI Estimate: 18.87%

Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

COUNTRY LIFESTYLE - CITY INCOME - PERMANENT MANAGEMENT RIGHTS
Premier Business Sales
COUNTRY LIFESTYLE - CITY INCOME - PERMANENT...

BEAUDESERT

$2,090,000

Net Income: $328,043
Managers Estate: $595,000 4 Bed 3 Bath
Letting Pool: 78
Remuneration: $117,304

Live, Work, and Play: Management Rights in Carrara’s Premier Location! | Resort Brokers ID : MR008412
ResortBrokers
Live, Work, and Play: Management Rights in...

CARRARA

$2,030,000

Net Income: $182,620
Managers Estate: $1,080,000 - Bed - Bath
Letting Pool: 99
Remuneration: $182,620

Permanent management rights, Surfers Paradise QLD
Momentum Renovations Pty Ltd
Permanent management rights, Surfers...

SURFERS PARADISE

$2,150,000

Net Income: $202,696
Managers Estate: $1,100,000 2 Bed 2 Bath
Letting Pool: 76
Remuneration: $152,912

LUXURY LIVING + MINIMAL DUTIES + HIGH RETURNS IN HIGHLY SOUGHT CURRUMBIN | Resort Brokers ID : MR008321
ResortBrokers
LUXURY LIVING + MINIMAL DUTIES + HIGH...

CURRUMBIN

$2,200,000

Net Income: $232,162
Managers Estate: $1,100,000 4 Bed 2 Bath
Letting Pool: 81
Remuneration: $156,794

GOLD COAST BUSINESS ONLY MR WITH INCREDIBLE ROI | Resort Brokers ID : MRB008295
ResortBrokers
GOLD COAST BUSINESS ONLY MR WITH INCREDIBLE...

BUNDALL

Under Contract / Offer

Net Income: $401,435
Managers Estate: - - Bed - Bath
Letting Pool: 87
Remuneration: $146,047

Earn Up to $240K with Stable, High Income & 2 Units - ID 9138
MR Sales
Earn Up to $240K with Stable, High Income...

CARRARA

$2,190,000

Net Income: $205,683
Managers Estate: $1,430,000 - Bed - Bath
Letting Pool: -
Remuneration:

Exclusive - Rare Investment Opportunity - ID 9160
2.18 Multiplier on the Gold Coast - ID 9166
High End Resort situated in popular tourist destination Airlie Beach | Resort Brokers ID : MR008486
PRIME TOURISM DEVELOPMENT OPPORTUNITY IN STUNNING NSW SOUTH COAST LOCATION | Resort Brokers ID : FH008462
Exclusive - Prime Location With Excellent Growth - ID 9157
Business-Only Opportunity in Brisbane - ID 9165
Cannot find what you’re looking for in today’s market then, Build Your Own! | Resort Brokers ID : FH008480
Exclusive - High Return Management Rights Opportunity - ID 9156
Exclusive - Prime Location Near Sunnybank - ID 9159
Exceptional Management Rights Opportunity in Beautiful Scarborough
Exclusive - High Return Investment Opportunity - ID 9158
Laguna on Hastings -  Building Manager & Letting Agreement
A1 Motel - 1P6181
Acquire a Premier Resort on the Sapphire Coast | Resort Brokers ID : FH008457
Calling All Aspiring Homeowners:Guaranteed Income and Work-from-Home Opportunity | Resort Brokers ID : MRC008473
Rare Opportunity – First Time on the Market in 20 Years
Bella Vista 18 Units Long Lease Offers Considered
Albany Creek Permanent Complex Caretaking only