Carrara, Queensland

24 Year Stable Cashflow With 5% Annual Review

MR $1.35M + UNIT $750K = $2.1M

Business Description

Ras360 is pleased to present Orchid Park & Carrara Garden — a rare 124 unit management rights opportunity in the heart of Carrara, offering an outstanding balance of income security, operational simplicity, and lifestyle appeal. Comprising 124 units across two adjoining complexes, this long-established community enjoys a peaceful, leafy environment while remaining just minutes to the M1, local schools, and major shopping centres, making it a highly liveable and convenient Gold Coast location.

The manager’s residence is a comfortable 3-bedroom, 2-bathroom home with a double garage, ideally positioned at the front of the complex to enhance both convenience and privacy. Well suited to families, it features a spacious open-plan living zone, a modern kitchen, and a low-maintenance outdoor area — all within easy reach of the onsite office for smooth day-to-day operation.

The business is underpinned by a strong Body Corporate salary of $234,131.64, reviewed annually by CPI or 5%, delivering highly predictable and resilient income. Additional upside is provided through a letting pool of 13 units, supported by steady rental demand, with weekly rents typically ranging from $680–$720 and an 8% commission structure.

Agreements are held under the Accommodation Module, with a healthy 24-year term remaining to June 2049, plus a scheduled top-up opportunity in June 2025. Operationally, the business is straightforward and well supported, using Console Cloud software, benefiting from professional strata management via Strata4U, and currently experiencing no committee concerns — an ideal combination for incoming operators seeking stability and ease of transition.

Financially, Orchid Park & Carrara Garden delivers a verified net profit of $259,361.64, equating to an impressive 19.21% ROI on the business component priced at $1,350,000. Including the spacious manager’s residence valued at $750,000, the total package price of $2,100,000 represents an attractive overall ROI of 12.35%.

Residents enjoy excellent onsite facilities including a swimming pool and BBQ area, supported by a strong sinking fund exceeding $209,000. With a stable community profile, low-maintenance operation, and the flexibility to appoint a nominee, this dual-complex offering presents a standout opportunity combining lifestyle, flexibility, and financial performance in the Gold Coast management rights market.

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

Business Summary

Business Snapshot

Price: MR $1.35M + UNIT $750K = $2.1M Net Profit: $259,362 Remuneration / Body Corp Salary: $234,132

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 124Total Units in Letting Pool: 13Owner Occupy Units: 71Outside Agent Units: 40Agreement Term: 25 yearsAgreement Term Remaining: 24 years

Marketing Agent

Kevin Tsai

0403 44....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. 124-unit dual complex in Carrara, offering scale and market presence, minutes to the M1, local schools, and major shopping centres.
2. Long security of tenure, agreements under the Accommodation Module with 24 years remaining to June 2049, original 25-year term.
3. Strong, predictable Body Corporate salary of $234,131.64, reviewed annually by CPI or 5%, underpinning cashflow stability.
4. Verified net profit $259,361.64, delivering 19.21% ROI on the management rights component priced at $1,350,000.
5. Total package price $2,100,000 including manager’s unit valued at $750,000, representing an overall ROI of 12.35%.
6. Manager’s residence is a 3-bedroom, 2-bathroom home with double garage, front-of-complex location for operational convenience and privacy.
7. Letting pool of 13 units, steady rental demand with weekly rents typically $680–$720 and an 8% commission structure, providing additional upside.
8. Low-maintenance, peaceful leafy community with onsite facilities including a swimming pool and BBQ area, supported by a sinking fund exceeding $209,000.
9. Simple, supported operations using Console Cloud software and professional strata management by Strata4U, with no committee concerns noted.
10. Healthy unit mix and management dynamics, 71 owner-occupiers and 40 outside agent units, offering stability and diverse income sources.
11. Fiscal and contractual upside via a scheduled top-up opportunity in June 2025, and flexibility to appoint a nominee for the operator role.

Management Rights Multiplier: 5.21
ROI Estimate: 12.35%