Main Beach, Queensland

Sold & Settled - ID 8901

SOLD

Business Description

Gold Coast Permanent For Sale

Unlock Lucrative Business Opportunities and Increase Your Income

- Impressive net operating profit: $442,430

- Large body corporate salary: $538,967 plus GST with future CPI increase

- Very high percentage of Body corporate salary in total income.

- Office hours: Monday to Friday, 9:00 am to 2:30 pm

- Mobile phone contactable from 2:30 pm to 4 pm, Monday to Friday

- 9 outside agents and 60 lock-ups with huge growth potential.

- Numerous selling commission opportunities for income up-sizing.

- 10-year agreement which the seller will top-up to full term for the buyer with cooperative committee.

- Option to nominate someone to live on-site if business is under company control.

- Real estate package worth $360,000, including professional office, basement office, commercial kitchen, and garden shed.

- Super convenient location: restaurants and shops within 2 minutes' walk.

- Best high-end living area, close to the beach, shopping centre, and public transport.

- Peaceful and high-quality area on the Gold Coast

- Everything in good order and easy to handle.

- Tailor-made for high-return business seekers focused on making MORE money

Seize this golden opportunity today and secure your financial future! With a body corporate salary that forms a substantial portion of the business income, you can enjoy a stable and secured source of revenue, complete with a CPI increase. But that's not all. Imagine the immense potential for income up-sizing as you expand your rental pool and earn multiple substantial sales commissions. Opportunities like this don't last forever, so act swiftly to avoid any regrets. Don't wait another moment – make the decision that could change your life.

Multiplier only 5, What a Deal, What an opportunity!

Net Profit: $442,430
Asking Price: $2,600,000 Negotiable

For further information or to arrange an inspection of this Gold Coast Management Right business for sale contact:

Management Rights Broker

Bill He

Property Code: 610

Business Summary

Business Snapshot

Price: SOLD Net Profit: $442,430 Remuneration / Body Corp Salary: $538,967Business Value: $240,000

Managers Unit

Value of Managers Apartment: $360,000

Large professional office with a modern reception area spanning approximately 20 square meters, a spacious basement office of about 40 square meters, a practical commercial kitchen covering 15 square meters, and a convenient garden shed spanning 20 square meters.

Complex Information

Complex Type: PermanentAgreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesIndoor Pool: YesSpa: YesSauna: YesGym: YesTennis Court: YesBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net operating profit of $442,430, indicating strong cash earnings.
2. Large body corporate salary of $538,967 plus GST, representing a very high percentage of total income and providing stable recurring revenue.
3. Body corporate salary indexed to CPI, offering built‑in income protection against inflation.
4. 10‑year standard agreement with 9 years remaining, seller willing to top up to full term for the buyer subject to committee cooperation.
5. Multiplier of 5 cited, implying an attractive valuation metric relative to earnings.
6. Managers apartment and real estate package valued at $360,000, including a professional office, 40 sqm basement office, 15 sqm commercial kitchen, and 20 sqm garden shed.
7. Extensive complex amenities including pool, indoor pool, spa, sauna, gym, tennis court, and BBQ area, enhancing resident appeal and management value.
8. Established operational setup with office hours Monday to Friday 9:00 am to 2:30 pm and mobile availability to 4:00 pm, indicating low owner time commitment.
9. 9 outside agents and 60 lock‑ups on the books, signalling immediate operational scale and clear growth potential through rental pool expansion.
10. Numerous selling commission opportunities for income up‑sizing, creating multiple revenue streams beyond body corporate remuneration.
11. Prime Gold Coast location in a peaceful high‑end area, close to the beach, shopping centre, public transport, and restaurants and shops within a two minute walk.

Management Rights Multiplier: 5.06
ROI Estimate: 17.02%