Carrara, Queensland

Panoramic Potential in Carrara – Flexible MR Opportunity with real upside potential. PRESENT ALL OFFERS!

SOLD

Business Description

Offered to the market is a rare and highly flexible management rights business in Carrara, one of the Gold Coast’s most elevated and scenic precincts. The complex is a modern, low-maintenance development of 66 residences, completed in 2019 and meticulously maintained.

The manager’s residence is the largest and best-positioned unit in the complex, making this an exceptional lifestyle opportunity. This contemporary double-story home features 4 bedrooms, 2 bathrooms, a powder room, study, office, 2 storage rooms and a double garage. Exclusive use of 11 car spaces provide 150m² of storage add further appeal. A generous private balcony captures panoramic views of the Gold Coast skyline, offering modern comfort with rare space and exclusivity.

The business is streamlined and straightforward. The common property is minimal and easy to maintain, comprising landscaped gardens, a pool and BBQ areas. The agreements specify no set office hours, providing exceptional lifestyle flexibility. The Body Corporate also reimburses the manager monthly for electricity and data associated with CCTV, reducing overheads.

The caretaking salary is approx. $134,889 p.a., with CPI increases due in September. The business is currently caretaking-only, but there’s clear potential for uplift via the letting pool and income from the exclusive-use car spaces. Hold a real estate license? There’s excellent potential for re-sales in a complex of this size.

Minutes from major shopping, schools, sporting precincts and the M1, Panorama Residences delivers outstanding balance of stability, flexibility and lifestyle. Its elevated position, with sweeping skyline and hinterland views, ensures strong long-term appeal.

This is the first time Panorama’s management rights have been offered, held by the current manager for nearly 6 years. A rare lifestyle and business opportunity—available due to a change in circumstances.

**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **

Business Summary

Business Snapshot

Price: SOLD Net Profit: $134,889 Remuneration / Body Corp Salary: $134,889

Managers Unit

Bedrooms: 4Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 66Owner Occupy Units: 51Outside Agent Units: 15Agreement Term: 25 yearsAgreement Term Remaining: 18 years

Marketing Agent

Syd Douglas

0427973....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Rare, flexible management rights offering in Carrara, marketed as presenting all offers and the first sale of Panorama in nearly six years.
2. Modern, low‑maintenance complex of 66 residences completed in 2019, described as meticulously maintained.
3. Manager’s residence is the largest and best‑positioned unit, double‑storey with 4 bedrooms, 2 bathrooms, powder room, study, office, 2 storage rooms and double garage, plus a private balcony with panoramic skyline views.
4. Exclusive use of 11 car spaces providing about 150 m² of storage, presenting an additional revenue or utility opportunity.
5. Business currently caretaking‑only with annual caretaking remuneration/net profit of approximately $134,889, CPI increases due in September.
6. Clear upside potential via introducing a letting pool and monetising exclusive car spaces, plus re‑sales opportunity if purchaser holds a real estate licence.
7. Minimal common property comprising landscaped gardens, pool and BBQ areas, translating to straightforward, low‑cost maintenance obligations.
8. Agreement structure is long‑dated, 25‑year term with approximately 18 years remaining, offering contractual stability.
9. Body Corporate reimburses manager monthly for electricity and data associated with CCTV, reducing operating overheads.
10. Attractive location minutes from major shopping, schools, sporting precincts and the M1, elevated site with sweeping Gold Coast skyline and hinterland views, supporting long‑term appeal.