Clear Island Waters, Queensland

High Net Profit of $190,000, Yours for Under $1.5 Million! - ID 8471

$1,450,000

Business Description

Gold Coast Permanent Management Rights For Sale

Steady $153,758 Salary for Minimal Effort

- Easy, low-maintenance caretaking job

- Minimal grass to mow, elevators (no stairs), garden care covered by body corporate, no BBQ area.

- Focus on keeping complex clean and tidy.

- Secure body corporate salary: $153,758 + GST

- 26 permanents out of 100 units in letting pool, great rental, and commission growth potential.

- Spacious 1–2-bedroom units with large lounge and practical balcony

- Separate exclusive-use ground-floor office space

- Abundant storage options

- 25-year agreement with 22 years remaining, strong committee support

- High net operating profit: approx. $190,000 + Salary GST

- Manager selling due to personal reasons, asking price: $1,450,000 (includes Manager's Unit)

Unlock greater rewards with minimal effort and flexible hours. Your search ends here. Seize this opportunity now and stay ahead without regrets.

Net Profit: Over $190,000
Asking Price: $1,450,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Bill He

Property Code: 671

Business Summary

Business Snapshot

Price: $1,450,000 Net Profit: $190,846 Remuneration / Body Corp Salary: $153,758

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: Exclusive UsePets OK: Yes

One to two bedrooms, one bathroom, single car parking space, spacious balcony, exclusive-use office.

Complex Information

Complex Type: PermanentTotal Units in Complex: 120Total Units in Letting Pool: 26Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesSauna: Yes

Marketing Agent

Becca Philpott

MR Sales

Key Investment Insights

- The business is a permanent management rights opportunity located on the Gold Coast.
- The business has a steady salary of $153,758 for minimal effort, making it an easy and low-maintenance caretaking job.
- The complex has minimal grass to mow, elevators, and garden care is covered by the body corporate, with no BBQ area to maintain.
- The focus of the business is to keep the complex clean and tidy.
- The body corporate salary is secure at $153,758 + GST.
- There are currently 26 permanent units out of 100 in the letting pool, with potential for great rental and commission growth.
- The units in the complex are spacious 1-2 bedrooms with large lounges and practical balconies.
- The business includes a separate exclusive-use ground-floor office space and abundant storage options.
- The agreement with the complex is for 25 years, with 22 years remaining, and has strong committee support.
- The high net operating profit is approximately $190,000 + Salary GST.
- The manager is selling due to personal reasons and the asking price is $1,450,000, which includes the manager's unit.
- This is a great opportunity for someone looking to unlock greater rewards with minimal effort and flexible hours.
- The net profit for the business is over $190,000, and the asking price is $1,450,000 (inclusive of manager's real estate).
- For further information or to arrange an inspection, interested parties can contact the management rights broker, Bill He.
- The business snapshot includes the price of $1,450,000, net profit of $190,846, and remuneration/body corporate salary of $153,758.
- The manager's unit is valued at $650,000 and includes 2 bedrooms, 1 bathroom, 1 car space, a spacious balcony, and an exclusive-use office.
- The complex is a permanent type with a total of 120 units,

Management Rights Multiplier: 4.19
ROI Estimate: 23.86%