Helensvale, Queensland

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

$1.060M MR + $875k Unit = Total $1.935M

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.
21.4 years remaining on the accommodation module agreement, ensuring long-term security and strong operational continuity.
47 in the letting pool, providing robust income potential. The net profit exceeds $202,000 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 + $875k Unit = Total $1.935M Net Profit: $202,137 Remuneration / Body Corp Salary: $75,816

Managers Unit

Value of Managers Apartment: $875,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 72Total Units in Letting Pool: 47Owner Occupy Units: 17Outside Agent Units: 7Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 21 years
Marketing Agent
Paul Mueller
Paul Mueller

Key Investment Insights

1. Price structure clear, $1.060M for management rights plus $875K managers unit, total $1.935M.
2. Strong net profit above $202,000 per annum, plus CPI linked body corporate salary of $75,816.
3. Long tenure on accommodation module, approximately 21.4 years remaining, providing long‑term operational security.
4. Near new complex completed in 2023, 72 stylish apartments offering one, two and three bedroom layouts.
5. Robust letting pool with 47 units, high rental demand and average weekly rents of $560 to $810.
6. No set office hours, delivering significant lifestyle flexibility and autonomous management.
7. Managers two bedroom apartment on title valued at $875,000, two bathrooms, two car spaces, air conditioning, open plan kitchen and private patio.
8. Detached managers office on title, adding operational convenience and asset value.
9. Low maintenance design with minimal shared facilities and lifts servicing basement to rooftop terraces, reducing operational overhead.
10. High security emphasis, 32 built in surveillance cameras covering corridors and common areas.
11. Prime Helensvale location, three minute walk to Helensvale Plaza, Westfield and the region’s train and light rail interchange.
12. Excellent transport links and amenity access, direct M1 and Gold Coast Highway access, emerging M2 corridor, established bikeway to Harbour Town and Broadwater, and light rail connections to Griffith University, major hospitals and the Knowledge Precinct in under 12 minutes.

Management Rights Multiplier: 5.32
ROI Estimate: 18.80%

Listing location
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