Currumbin Waters, Queensland

Retiring Seller - Owner Must Sell!

$900,000

Business Description

Located in picturesque Currumbin Waters, this immaculately presented townhouse together with an ideal entry-level management rights business providing enviable lifestyle with a steady income, flexible and low working hours.

This retirement community consists of permanent 51 townhouses/villas/units and boasts amenities such as two pools, a resort building with a gymnasium, kitchen facilities, a snooker room, a library, and BBQ areas plus a range of popular services such as a medical centre, chiropractor, dentist, cafe and law firms.

Key features of the opportunity:-
• Extremely motivated seller
• Distinctive manager's double-storey townhouse features 3 bedrooms, 2 bathrooms, a garage, air conditioning and a spacious private courtyard
• $80,000* p.a. Caretaker Salary
• Annual salary review by CPI mechanism (increase only)
• 4.5 years* left on management agreements (expiry at 11 August 2028)
• Body Corporate are welcoming change of management and will top up the agreement term for the approved buyer
• Surrounded by abundant amenities for retirement living
• Convenient location near the M1, shopping centres, and various schools
• Your option to value-add by commencing a letting pool and selling properties in the village

The retirement village has been a passion project for the current operator and is now a perfect opportunity for the new owner as an easy-lifestyle income or as a second income stream.

My Seller is not testing the market, this will be sold.

An absolute must to inspect. Contact the selling agent now!

*Approx.
Disclaimer: Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Business Summary

Complex Information

Marketing Agent
Craig Cornish
Craig Cornish

Ray White Commercial Gold Coast

Ray White Commercial Gold Coast

Key Investment Insights

1. The business for sale is a management rights business located in Currumbin Waters.
2. The seller is retiring and is highly motivated to sell.
3. The business provides an enviable lifestyle with flexible and low working hours.
4. The retirement community consists of 51 townhouses/villas/units and offers amenities such as pools, a gym, and BBQ areas.
5. The community also has popular services such as a medical center, chiropractor, dentist, cafe, and law firms.
6. The manager's townhouse has 3 bedrooms, 2 bathrooms, a garage, air conditioning, and a private courtyard.
7. The annual caretaker salary is $80,000.
8. The management agreements have 4.5 years left and can be extended by the Body Corporate for the approved buyer.
9. The location is convenient, near the M1, shopping centers, and schools.
10. There is potential to add value by starting a letting pool and selling properties within the village.
11. The current operator has a passion for the retirement village and the business.
12. The seller is not testing the market and is looking for a quick sale.
13. Interested buyers should contact the selling agent for an inspection.
14. Ray White has not independently verified the information provided and makes no warranty as to its accuracy.
15. Prospective buyers should conduct their own inspections and inquiries to verify the information.
16. No responsibility is assumed by the realty company for the use of the information provided.
17. The business includes a manager's unit with 3 bedrooms, 2 bathrooms, a garage, air conditioning, and a private courtyard.
18. The complex has amenities such as pools, a gym, and BBQ areas.
19. It is conveniently located near the M1, shopping centers, and schools.
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Aged Cares, Management Rights, Retirement Villages For Sale

You may also like

2.18 Multiplier on the Gold Coast - ID 9166
MR Sales
2.18 Multiplier on the Gold Coast - ID...

MERRIMAC

$1,045,400

Net Income: $137,535
Managers Estate: $745,000 2 Bed 1 Bath
Letting Pool: -
Remuneration: $100,000

Easily Run Management Rights in Surfers Paradise – ID 9151
MR Sales
Easily Run Management Rights in Surfers...

SURFERS PARADISE

$775,000

Net Income: $73,531
Managers Estate: $540,000 2 Bed 2 Bath
Letting Pool: 16
Remuneration: $25,749

Small Permanent Complex in Southport - ID 8381
MR Sales
Small Permanent Complex in Southport - ID...

SOUTHPORT

$875,000

Net Income: $75,000
Managers Estate: $575,000 2 Bed 2 Bath
Letting Pool: 38
Remuneration: $67,000

No Requirement To Live On Site - ID 7912
MR Sales
No Requirement To Live On Site - ID 7912

SURFERS PARADISE

$980,000

Net Income: $133,916
Managers Estate: $460,000 1 Bed 1 Bath
Letting Pool: 18
Remuneration: $31,185

Side-By-Side Permanent Complex With Plenty of Potential! – ID 8207
MR Sales
Side-By-Side Permanent Complex With Plenty...

SOUTHPORT

$750,000

Net Income: $78,802
Managers Estate: $480,000 2 Bed 2 Bath
Letting Pool: 40
Remuneration: $58,683

Excellent coastal Location  -    Not Required To Live Onsite
Onsite Management Rights
Excellent coastal Location - Not...

SOUTHPORT

Offer From $950,000

Net Income: $97,230
Managers Estate: $494,000 2 Bed 1 Bath
Letting Pool: 25
Remuneration: $38,248

FHGC Rocky Cape Tavern & Caravan Park 15 acres, Great Turnover Highway Frontage $1,295,000 +sav
Blue Chip Investment - 859MI
Seller Near Retirement - Priced to Sell at Only 2.5X!
Excellent Opportunity For Owner-Operators - 1694ML
Great Opportunity - Prime Location European Design
25 Room Dubbo Leasehold Motel Located Close to City - Operating Under Management
Great Entry-Level Opportunity - Awesome Returns!
Thriving Brewery & Retreat – Profitable, Scenic, Expandable Opportunity
Charming Country Inn Leasehold in Prime Location
High-Performing Management Rights Business with still more Growth Potential
EXCITING LEASEHOLD OPPORTUNITY - 1942ML
INVESTMENT OPPORTUNITY IN A HIGHLY PROFITABLE MOTEL - 1942MI
A Motel Business That Shines Bright Like a Diamond - 452ML
Highly desirable Caretaking-Only absolute beachfront
Business Only - $188,740 Net Profit - ID 9185
Business Only with High Stable Salary - ID 9184
Regional Gaming Venue with Exceptional Features - 130HF
Permanent GEM in Eight Mile Plains - Brisbane Southside Central