Main Beach, Queensland
3.45 multiplier in Main Beach – ID 9117
$1,376,000
Business Description
Permanent Management Rights for Sale
No Requirement to Live Onsite
- Explore a Lucrative Business Opportunity: Unlock unmatched income potential with a rare gem in the market, boasting 15 years of success – now available for the first time!
- Flexible Management: No need to reside onsite. The manager's unit is rented out for additional income, giving you the flexibility to manage from afar.
- Work on Your Terms: Enjoy the freedom of no set office hours, minimal gardening, and an easily manageable workload with flexible hours.
- Stability and Security: Experience a stable income. Benefit from a proven operational model with a 15-year history.
- Body Corporate Salary: Earn a solid body corporate salary of $101,079 plus GST, ensuring financial stability.
- Expansive Rental Portfolio: With 1 apartment in the letting pool, there is potential to increase your portfolio further.
- Impressive Net Profit: Revel in a net profit of $114,716, ensuring a return on investment that speaks for itself.
- Prime Property Investment: Modern 2-bedroom, 1-bathroom apartment with full air conditioning, security car parking, and spacious private courtyards.
- Convenient Office Space: Benefit from a separate office on the property, providing an organized and professional space for management.
- Secure Investment: Invest with confidence in a safe, beautiful, and convenient location. Proximity to shops, restaurants, pharmacy, beach, park, shopping centers, public transport, and major roads adds to its appeal.
- All-Inclusive Price: Acquire this prime opportunity for only $1,376,000, inclusive of a spacious 2-bedroom manager's unit. Act now to secure your foothold in this thriving venture!
Indulge in a life of financial stability that paves the way for comfort and success. Your search ends here – this opportunity is simply too good to pass up.
Net Profit: $114,716
Asking Price: $1,376,000
(Inclusive of manager's real estate)
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: 721
Business Summary
Business Snapshot
Price: $1,376,000
Net Profit: $114,716 Remuneration / Body Corp Salary: $101,079
Managers Unit
Value of Managers Apartment: $1,000,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: YesThis apartment in the heart of the Gold Coast offers two bedrooms, full air conditioning, secure parking, and spacious private courtyards. With separate offices included, it caters to both comfort and professional convenience.
Complex Information
Complex Type: PermanentTotal Units in Complex: 25Total Units in Letting Pool: 2Owner Occupy Units: 12Outside Agent Units: 3Lockup Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 11 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: Yes
Key Investment Insights
Management Rights Multiplier: 3.28
ROI Estimate: 30.51%
