Highland Park, Queensland
Prime MR Opportunity with Strong Net Profit and no requirement to live onsite | Resort Brokers ID : MR008693
$1,150,000
Business Description
ResortBrokers presents an excellent management rights opportunity in Highland Park, located within the Panorama Palms townhouse complex. This permanent management rights business includes 53 lots, 15 in the letting pool, and a secure 20-year Accommodation Module agreement.
Generating a substantial net profit, the business opportunity offers an attractive return on investment for a $ 1.15 million purchase.
The manager’s residence is a three-bedroom townhouse, with no requirement to live onsite, making it rentable for additional income. With straightforward caretaking duties and a supportive body corporate, this opportunity is ideal for semi-retired couples or operators looking to expand their portfolio.
- Ideal townhouse management rights for first-time buyers
- Prime location near schools, shops, and sports fields
- Well-maintained 3-bedroom residence with office
- Sustainable letting pool generating over $30,000
- Flexible hours with no set schedule
- 20 years remaining on Accommodation Module
- Body Corporate Salary is 70% of net operating profit
- Attractive return on investment on $1,150,000 including manager's residence
- Inspections by appointment only
Date updated: 18 May 2025 23:00:06
Business Summary
Business Snapshot
Price: $1,150,000
Net Profit: $132,000 Remuneration / Body Corp Salary: $94,847
Managers Unit
Value of Managers Apartment: $750,000Bedrooms: 3Bathrooms: 1Office: On TitleComplex Information
Complex Type: PermanentTotal Units in Complex: 53Total Units in Letting Pool: 15Owner Occupy Units: 35Outside Agent Units: 2Agreement Term Remaining: 17 years