Carrara, Queensland

Net $204,560 & No Requirement to Live Onsite - ID 9138

$1,770,000

Business Description

Permanent Management Rights for Sale
Large Salary of $162K plus $23K Extra Rental Income

- High and stable Body Corporate salaries totaling $162,714 + GST, with annual CPI increases. This guaranteed income represents more than two-thirds of net profit, providing exceptional income security.

- High net operating profit of $204,560.

- No requirement to live onsite.

- Manageable workload at your own pace.

- No set office hours.

- All permanent rentals with a 24-unit letting pool, supported by 44 outside agents, offering strong growth potential in both rentals and sales

- Long 25-year agreements, with 19 & 21 years remaining.

- Additional partial residence rental income of $23,400.

- One 3-bedroom double-storey townhouse with 1 bathroom plus an additional toilet, 1 garage, a spacious office, and large private courtyard.

- Close to shops, major highways, and quality schools — highly convenient location.

- Total selling price: $1,770,000 (including the 3-bedroom manager’s townhouse).

If you are seeking high and stable income, this is an opportunity you cannot afford to miss.

Net Profit: $204,560
Asking Price: $1,770,000
(Inclusive of Manager's Real Estate)

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

Management Rights Broker
Bill He

Property Code: 784

Business Summary

Business Snapshot

Price: $1,770,000 Net Profit: $204,560 Remuneration / Body Corp Salary: $162,714Business Value: $900,000

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 3Bathrooms: 1Car Spaces: 1Office: On Title

One 3-bedroom double story townhouse with 1 bathroom plus extra toilet, 1 garage and 35 square meters large office with large courtyard.

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsPool: YesTennis Court: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. Net operating profit $204,560, indicating strong current cash returns.
2. High and stable Body Corporate salary $162,714 plus GST with annual CPI increases, representing over two-thirds of net profit and providing guaranteed income security.
3. Total asking price $1,770,000 inclusive of manager’s real estate, with business value stated as $900,000 and manager’s apartment valued at $850,000.
4. No requirement to live onsite, increasing buyer flexibility and appeal to owner-operators or absentee owners.
5. Manageable workload with no set office hours, enabling flexible operation and work–life balance.
6. Long-term security via 25-year agreement module, with 19 and 21 years remaining on contracts.
7. Permanent complex with a 24-unit letting pool and 44 outside agents, offering established income plus clear growth potential in rentals and sales.
8. Additional rental income of $23,400 from partial residence rental, supplementing management remuneration.
9. Manager’s townhouse is a 3-bedroom double-storey with one bathroom plus extra toilet, one garage, a 35 sqm office on title, and a large private courtyard, providing residential and operational value.
10. Complex amenities include a pool and tennis court, enhancing resident appeal and letting attractiveness.
11. Convenient Gold Coast location close to shops, major highways, and quality schools, supporting tenant demand and resale potential.

Management Rights Multiplier: 4.50
ROI Estimate: 11.56%