Coomera, Queensland

Spacious 3-Bedroom Managers Residence with Private Pool & Studio Retreat

$1,550,000

Business Description

This easy-to-run business offers the perfect balance of lifestyle and income. With NO set office hours (contactable only), you can work at your own pace, choosing hours that best suit you and your family.

Set within a secure, gated complex, residents enjoy amenities including a half-court tennis court, resort-style pool, BBQ area, and beautifully maintained lawns and gardens.

- Strong Body Corporate salary of over $100k plus annual CPI increases

- Additional income potential from extra maintenance work around the complex

- Supportive Body Corporate with a recently topped-up agreement to 20 years

The Letting Pool & Manager’s Residence:

- 22 townhouses in the letting pool

- Spacious freestanding 3-bedroom, 2-bathroom manager’s residence with double lock up garage alfresco area and your own private pool!

- Separate office

- Bonus: Separate granny flat/studio with ensuite – perfect for guests or teenagers.

Prime Location

Positioned for convenience with easy access to the M1, Brisbane, Surfers Paradise, and Broadbeach, this property is close to:

- Theme parks, public & private schools, and rail transport

- Coomera Westfield Shopping Centre

This is a rare opportunity for those seeking a flexible lifestyle business with excellent returns.

Net Profit: $155,421

Property Code: 85

Business Summary

Business Snapshot

Price: $1,550,000 Net Profit: $155,421 Remuneration / Body Corp Salary: $92,504Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Freestanding Home includes 3 bedroom, 2 bathroom, double lock up garage, Separate Granny Flat with ensuite, PLUS your own private pool

Complex Information

Complex Type: PermanentTotal Units in Complex: 57Total Units in Letting Pool: 22Owner Occupy Units: 32Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesTennis Court: YesBBQ Area: Yes

Marketing Agent

Craig Johnson

Hotel Resort Sales

Key Investment Insights

1. Priced at $1,550,000 with reported net profit of $155,421, indicating roughly a 10% net return on asking price.
2. Manager remuneration supported by a strong Body Corporate salary advertised as over $100,000 with annual CPI increases, snapshot also lists remuneration/body corp salary as $92,504.
3. Manager’s residence valued at $950,000, offered as a spacious freestanding 3 bedroom, 2 bathroom home with double lock up garage, alfresco and private pool.
4. Additional private income potential from extra maintenance work around the complex, supplementing base salary and net profit.
5. Separate on title office plus a separate granny flat studio with ensuite, providing rental or family accommodation flexibility and operational separation.
6. Letting pool comprises 22 of the 57 total units, giving scale for managed revenue while 32 units are owner occupied, suggesting stable owner presence.
7. Secure gated complex with resort style amenities including a pool, half court tennis court, BBQ area, and well maintained lawns and gardens, boosting guest appeal and occupancy potential.
8. Agreement structure is long term, originally 25 years with 20 years remaining, and the Body Corporate agreement recently topped up, signalling long term operational stability.
9. Manager unit is on title and pets are permitted, increasing owner occupier lifestyle appeal and resale flexibility.
10. Flexible, low supervision business model with no set office hours, contactable only, supporting a lifestyle oriented operator.
11. Prime transport and leisure location with easy access to the M1, Brisbane, Surfers Paradise and Broadbeach, close to theme parks, public and private schools, rail transport and Coomera West

Management Rights Multiplier: 3.86
ROI Estimate: 10.03%