Key Investment Insights
- Low multiplier of 3.81 for a Permanent Management Rights business on the Gold Coast, making it a highly affordable investment opportunity.
- Strong net profit of $127,111, supported by a high Body Corporate Salary of $113,989 plus GST, which makes up 84% of total income.
- No set office hours and easy caretaking duties, offering flexibility and reduced working hours for the manager.
- Ideal for someone seeking a second income at their own pace or in their spare time.
- Long 20-year agreement with 16 years remaining, providing stability and security for the business.
- All permanent rentals with a small rental pool of only 8, offering potential for income growth.
- Rare free-standing manager's residence with 3 bedrooms, 2 bathrooms, and 2-car accommodation plus an additional car space.
- Includes a balcony, spacious courtyard, and a large, exclusive manager’s office on the title, providing comfortable and convenient living for the manager.
- Situated in a quiet and beautiful environment, offering a peaceful and desirable lifestyle for both the manager and tenants.
- Total asking price of $1,384,000, which includes the large 3-bedroom house, making it a great value for money opportunity.
- Overall, this is a fantastic opportunity for someone looking for spacious living with a secure and stable high income.
Management Rights Multiplier: 3.82
ROI Estimate: 26.21%