Highland Park, Queensland
Permanent Letting in Highland Park - ID 9189
$1,150,000
Business Description
Permament Management Rights For Sale
No Requirement to Live Onsite
Looking for a secure and profitable management rights business? Look no further! This is a fantastic opportunity to own a well-established permanent management rights business in a tranquil bush setting, with the added benefit of no requirement to live onsite.
Key Features:
- Long agreements under the Accommodation Module
- 52 lot townhouse complex with 15 in the letting pool
- No set office hours – enjoy flexibility
- Spacious 3 bedroom manager's residence, with an additional 4th bedroom from a garage conversion
- Double lock-up garage with an extra car space
- Quiet, peaceful setting close to schools and public transport
- Easy access to the M1 Motorway
This is a fantastic opportunity for newcomers to the management rights industry or experienced operators looking for a secure, low-maintenance business. Located in a serene environment with everything you need close by, it offers the perfect balance of work and lifestyle. Don’t miss out on this incredible opportunity!
Net Profit: $132,380
Asking Price; $1,150,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:
Management Rights Brokers
Phil Trimble & Gerard Dixon
Property Code: 993
Business Summary
Business Snapshot
Price: $1,150,000
Net Profit: $132,000 Remuneration / Body Corp Salary: $94,487
Managers Unit
Value of Managers Apartment: $700,000Bedrooms: 3Bathrooms: 2Car Spaces: 3Office: On TitleThis spacious home offers flexible living options and is perfect for those seeking both comfort and functionality. The property features 1 bathroom with 2 separate toilets, ensuring convenience for family living. A standout feature is the converted garage space, which now serves as a fourth bedroom, offering extra living space. Additionally, the manager’s office downstairs could easily be transformed into a potential 5th bedroom, complete with room for a single bed. The residence is air conditioned (2 units) with ceiling fans in each of the bedrooms. There are also solar panels fitted to the residence.The home boasts a functional galley kitchen, equipped with a dishwasher, oven, hob, and rangehood. Upstairs, you’ll find a well-appointed 2 way bathroom with access from both the hallway and the master bedroom, featuring a bath/shower combination and a European laundry. The toilet is separate for added convenience. The open-plan living and dining area flows seamlessly to a front, east-facing balcony, providing natural light and a perfect spot to enjoy the morning sun. At the back, a private outdoor entertainment area offers a peaceful retreat, complete with foundations for a veggie garden.
Complex Information
Complex Type: PermanentTotal Units in Complex: 52Total Units in Letting Pool: 15Owner Occupy Units: 34Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: Yes
Key Investment Insights
- Long agreements under the Accommodation Module
- 52 lot townhouse complex with 15 in the letting pool
- No set office hours – enjoy flexibility
- Spacious 3 bedroom manager's residence, with an additional 4th bedroom from a garage conversion
- Double lock-up garage with an extra car space
- Quiet, peaceful setting close to schools and public transport
- Easy access to the M1 Motorway
Management Rights Multiplier: 3.41
ROI Estimate: 29.33%
