Permanent Management Rights Currumbin Waters - ID 9207

Key Investment Insights

1. 70‑lot permanent townhouse and villa complex, with 23 units in the letting pool and 39 owner‑occupied units, indicating a largely stable resident base.
2. Long‑term Accommodation agreement in place, 25‑year term with 18 years remaining, providing revenue security.
3. Net profit stated at $201,948, with body corporate salary/remuneration of $141,366, showing clear cashflow for an owner‑operator.
4. Asking price $1,630,000, inclusive of the manager’s real estate, enabling a single‑transaction acquisition of business and residence.
5. Manager’s residence valued at $850,000, three bedrooms, one bathroom, single car space, office attached and on title, located at the complex entrance.
6. Office is on title and attached to the manager’s unit, simplifying operations and eliminating separate lease costs.
7. Current managers have operated for over 17 years, indicating operational continuity and a well‑established reputation.
8. Flexible work arrangements with no set office hours, supporting a low‑hours lifestyle business model suitable for a couple or family.
9. Complex amenities include a pool and tennis court, enhancing resident appeal and potential letting attractiveness.
10. Located in prime Currumbin Waters on the southern Gold Coast, a desirable residential area likely to support stable demand.
11. Small number of outside agent units, seven, which may reduce competition for on-site management income.
12. Accommodation module agreements and a predominately permanent complex suggest lower seasonal volatility compared with short‑term holiday complexes.

Management Rights Multiplier: 3.86
ROI Estimate: 25.89%