9238 Ridgevale Drive, Helensvale, Queensland

Exclusive - Highly Passive Business Only 1.85 Multiplier - ID 9238

$950,000

Business Description

Permanent Management Rights for Sale
Ultimate Flexibility with No Onsite Requirement & Minimal Workload

- Priced to sell with a highly attractive 1.85 multiplier on the business, offering a strong return on investment.

- Extremely low maintenance workload, requiring only about 6 hours of work per week.

- Secure, permanent Management Rights situated within an established 25-townhouse complex.

- Solid base income with a secure Body Corporate salary.

- Ultimate flexibility: No set office hours and absolutely no requirement to live onsite (manager simply needs to be contactable by mobile phone).

- Option to rent out the manager's residence, transforming this into a highly lucrative dual-income investment.

- Zero equipment outlay, as all gardening and maintenance equipment is entirely owned and supplied by the Body Corporate.

- Comfortable, pet-friendly 3-bedroom, 1.5-bathroom manager's townhouse with 2 car spaces, air-conditioning, and a private courtyard.

This is a rare, highly passive Management Rights opportunity perfectly positioned on the northern Gold Coast in the highly sought-after suburb of Helensvale. Generating a solid net profit with incredibly low overheads, this business offers the ultimate lifestyle flexibility. The varied agreement removes all set office hours and the requirement to live onsite, allowing you to run this alongside other ventures or simply enjoy a relaxed lifestyle. Situated adjacent to the M1 Motorway and close to major retail precincts like Westfield Helensvale, top-tier schools, and transport hubs, this opportunity is anchored by strong tenant demand and secure agreements. Do not miss out on this exceptionally well-priced business.

Net Profit: $53,052
Asking Price: $950,000
(Inclusive of Managers Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:
Exclusive Management Rights Broker
Ali Nasir

Property Code: 1198

Business Summary

Business Snapshot

Price: $950,000 Net Profit: $53,052 Remuneration / Body Corp Salary: $43,128Business Value: $100,000

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 3Bathrooms: 1Car Spaces: 2Pets OK: Yes

The associated real estate is a comfortable, pet-friendly townhouse that serves as either a primary residence or a leasable investment. The home features three bedrooms, 1.5 bathrooms, and dedicated parking accommodation for two vehicles. Designed for year-round comfort, the property is equipped with air-conditioning and three ceiling fans, while a private courtyard offers an outdoor retreat.

Complex Information

Complex Type: PermanentTotal Units in Complex: 25Total Units in Letting Pool: 4Owner Occupy Units: 1Manager Units: 20Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 years

Marketing Agent

Ali Nasir

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Permanent management rights business with a $53,052 net profit and an attractive 1.85 multiplier.
2. Extremely low workload of approximately six hours weekly supports a highly passive operating model.
3. No onsite residence requirement or set office hours provides substantial lifestyle and operational flexibility.
4. Secure Body Corporate salary within an established 25 townhouse complex provides a solid income base.
5. Manager’s residence can potentially be rented, creating an additional dual income opportunity.
6. Three bedroom, 1.5 bathroom townhouse includes air conditioning, private courtyard and two car spaces.
7. Body Corporate supplies all gardening and maintenance equipment, eliminating equipment purchase requirements.
8. Northern Gold Coast location in Helensvale is adjacent to the M1, Westfield, schools and transport hubs.
9. The business can be operated alongside other ventures due to its minimal workload and contactable by mobile arrangement.
10. Asking price of $950,000 includes the manager’s real estate.

Management Rights Multiplier: 1.88
ROI Estimate: 5.58%