Carrara, Queensland

No Requirement to Live Onsite with $204K Net - ID 9138

Offers Above $1,770,000

Business Description

Permanent Management Rights for Sale
Large Salary of $162K plus $23K Rentals

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

- Verified net profit $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 multiple outside agents, offering strong growth potential in both rentals and sales.

- Long 25-year agreements, with 14 and 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: $1,844,595 (including the 3-bedroom manager’s townhouse).

If you are seeking a high and stable income, this opportunity is the one you can't afford to miss.

Verified 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: Offers Above $1,770,000 Net Profit: $209,021 Remuneration / Body Corp Salary: $162,714

Managers Unit

Value of Managers Apartment: $850,000Office: 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 yearsAgreement Term Remaining: 19 yearsPool: YesTennis Court: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. High guaranteed Body Corporate salaries of $162,714 plus GST, with annual CPI increases, providing exceptional income security.
2. Verified net profit reported at $204,560, with a snapshot figure of $209,021 also shown in the listing.
3. Body Corporate salary represents more than two-thirds of net profit, reducing income volatility.
4. No requirement to live onsite, offering buyer flexibility in residence.
5. Manageable workload with no set office hours, enabling owner flexibility and lifestyle alignment.
6. All permanent rentals with a 24‑unit letting pool, supported by multiple outside agents, indicating strong rental and sales growth potential.
7. Long 25‑year management agreements in place, with remaining terms quoted as 14 years and 21 years in the listing.
8. Managers unit included in sale: one 3‑bedroom double‑storey townhouse, 1 bathroom plus extra toilet, 1 garage, large private courtyard, office on title of 35 square metres, valued at $850,000.
9. Asking price listed as offers above $1,770,000, total selling price noted as $1,844,595 including the manager’s townhouse.
10. Convenient Gold Coast location, close to shops, major highways and quality schools, enhancing appeal to owners and tenants.
11. Complex amenities include a pool and tennis court, adding lifestyle and marketing advantages for tenancy and sales.

Management Rights Multiplier: 4.40
ROI Estimate: 11.81%