Coombabah, Queensland

Northern Gold Coast – Caretaking Only – Very Minimal Duties | Resort Brokers ID : MRC008977

$1,100,000

Business Description

A desirable caretaking-only management rights opportunity in Coombabah, located on the northern end of the Gold Coast. The complex consists of 46 townhouses, with minimal facilities that are very easy to maintain. All machinery and equipment expenses are covered by the Body Corporate.

There are currently no letting obligations; however, an optional letting pool is available for purchase from the previous manager, who maintains a positive relationship with the complex should you wish to add additional income to the business.

This lifestyle-friendly business includes a three-bedroom, two-bathroom manager's residence with an office and a flexible fourth room that could easily be used as a children's playroom or additional workspace.

- Body corporate salary of $99,793 inc GST with CPI increases
- Supportive body corporate with ongoing history of regular module top-ups
- Standard building format plan ensures straightforward management of the complex
- Caretaking-only business with very simple duties
- Letting pool available for purchase from previous manager at 2x multiplier, earning $26,474 plus GST
- Clever three-bedroom, two-bathroom manager's residence with office and flexible fourth bedroom that could easily convert to kids' play area or additional work space
- Low-maintenance facilities, including swimming pool and a tennis court
- Complex machinery and equipment expenses to the body corporate
- Inspections are by appointment only
Date updated: 14 Jun 2026 23:00:07

Business Summary

Business Snapshot

Price: $1,100,000 Net Profit: $92,000 Remuneration / Body Corp Salary: $99,793

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 4Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 46Owner Occupy Units: 35Agreement Term Remaining: 9 years
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