Helensvale, Queensland

A Near New Premium management rights opportunity with strong returns, no office hours, and a prime Helensvale location.

$1.060M MR + $890k Unit = Total $1.950M

Business Description

Discovery Apartments presents a standout opportunity to acquire a high-performing management rights business within one of the Gold Coast’s most rapidly growing suburbs. Completed in 2023, this modern medium-rise complex comprises 72 stylish apartments, offering a mix of one, two, and three-bedroom residences.
21 years remaining on the accommodation module agreement, ensuring long-term security and strong operational continuity.
53 in the letting pool, providing robust income potential. The net profit exceeds $205,000 annually, supported by a CPI-linked body corporate salary of $75,816. Rental demand remains high, with average weekly rents ranging between $560 and $810.
There are no set office hours, offering the manager maximum autonomy and lifestyle flexibility.
The manager’s unit is a generous two-bedroom residence with air-conditioning, a well-appointed open-plan kitchen, a private patio, and ample storage. The detached manager’s office is on title, providing additional value and operational convenience.
Positioned just a three-minute walk from Helensvale Plaza, Westfield Shopping Centre, and the Gold Coast’s only train and light rail interchange. The suburb offers direct access to the M1, Gold Coast Highway, and the emerging M2 corridor, making it ideal for professionals, families, and commuters alike. An established bikeway connects residents to Harbour Town and the Broadwater, while the new Helensvale to GCU Hospital cycleway is under construction. The light rail connects to Griffith University, two major hospitals, and the Knowledge Precinct in under 12 minutes.
This low-maintenance complex has been designed for simplicity and efficiency, with minimal shared facilities and lifts servicing the basement through to the rooftop terraces. Resident security is a priority, with 32 built-in surveillance cameras monitoring all corridors and common areas.
Discovery Apartments delivers a rare combination of lifestyle, security, income, and future growth. Offering immediate income uplift and long-term investment certainty, this opportunity is ideally suited to both experienced operators and newcomers seeking a high-quality management rights business in a prime location.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: $1.060M MR + $890k Unit = Total $1.950M Net Profit: $205,293 Remuneration / Body Corp Salary: $75,816

Managers Unit

Value of Managers Apartment: $890,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 72Total Units in Letting Pool: 53Owner Occupy Units: 15Outside Agent Units: 6Agreement Term: 25 yearsAgreement Term Remaining: 21 years

Marketing Agent

Paul Mueller

0439 25....

Ras360

Key Investment Insights

1. Near-new complex completed in 2023, modern medium-rise design, 72 apartments offering one, two and three-bedroom residences.
2. Strong financial performance, net profit of $205,293 annually, plus a CPI-linked body corporate salary of $75,816.
3. High letting exposure with 53 of 72 units in the letting pool, supporting robust rental income potential.
4. Average weekly rents range between $560 and $810, indicating strong rental demand and yield potential.
5. Long-term security with 21 years remaining on the accommodation module agreement, ensuring operational continuity.
6. No set office hours, delivering manager lifestyle flexibility and reduced onsite time commitments.
7. Manager’s two-bedroom unit included, valued at $890,000, featuring two bathrooms, two car spaces, air-conditioning, open-plan kitchen, private patio and ample storage.
8. Detached manager’s office is on title, adding operational convenience and asset value.
9. Prime Helensvale location, three-minute walk to Helensvale Plaza, Westfield and the Gold Coast’s train and light rail interchange.
10. Excellent transport connectivity, direct access to the M1, Gold Coast Highway and emerging M2 corridor, plus light rail links to Griffith University, major hospitals and the Knowledge Precinct within 12 minutes.
11. Low-maintenance complex layout with minimal shared facilities and lift access from basement to rooftop terraces, simplifying operations.
12. Strong security features with 32 built-in surveillance cameras monitoring corridors and common areas, supporting resident safety and asset protection.

Management Rights Multiplier: 5.16
ROI Estimate: 19.37%