Main Beach, Queensland

Main Beach Management Rights With A Residence That Rivals The Best Homes On The Coast

$700K MR & $1.295M Unit = Total $1.995M

Business Description

The manager's residence is the centrepiece of this offering, a truly remarkable home that redefines expectations for management rights accommodation. Situated on the ground floor, this completely modernised apartment showcases a level of quality and sophistication rarely encountered in the industry. From the moment you step inside, it's clear this is something special.
The expansive open-plan design flows seamlessly to an oversized private terrace, creating the perfect setting for both relaxed outdoor living and sophisticated entertaining. This isn't just functional space, it's a lifestyle statement. The two-bedroom configuration has been thoughtfully designed with privacy in mind, positioning each bedroom at opposite ends of the apartment. The master suite is a particular highlight, offering direct terrace access and a beautifully appointed ensuite that feels more luxury hotel than management accommodation.
The kitchen is sleek and contemporary with premium finishes and ample storage, while thoughtful touches like excellent cross-ventilation, a separate laundry, secure basement parking, and pet approval (subject to Body Corporate consent) ensure everyday living is effortless. Make no mistake: this is a prestige residence that stands proudly alongside Main Beach's most sought-after homes. Incoming managers will enjoy genuine quality of life here, not just a place to stay while working, but a home that elevates every day.
The building itself mirrors this premium standard. With only fifty apartments across the complex and just two per floor, the environment is intimate and boutique, promoting exceptional privacy and strong owner occupancy. Residents enjoy a heated pool and spa, sauna, fully equipped gym, barbecue area, and a full-size tennis and pickleball court. These are resort-style amenities that complement the calibre of the residence.
Location is equally impressive. Positioned in the absolute heart of Main Beach, you're moments from patrolled beaches, the vibrant dining and retail precinct along Tedder Avenue, Marina Mirage, and the Southport Yacht and Surf Clubs. This is one of the Gold Coast's most tightly held and prestigious addresses, where lifestyle, convenience, and prestige converge.
With secure agreements, an exceptional onsite residence, and an enviable Main Beach position, this represents a rare opportunity to acquire a truly premium management rights package where the manager's accommodation is genuinely outstanding.

Business Summary

Business Snapshot

Price: $700K MR & $1.295M Unit = Total $1.995M Net Profit: $157,692 Remuneration / Body Corp Salary: $132,603

Managers Unit

Value of Managers Apartment: $1,295,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 50Total Units in Letting Pool: 10Owner Occupy Units: 37Outside Agent Units: 1Agreement Term: 10 yearsAgreement Term Remaining: 10 years
Marketing Agent
Paul Mueller
Paul Mueller

Key Investment Insights

1. Manager's residence is a fully modernised, high‑end two bedroom, two bathroom apartment valued at $1,295,000, positioned on the ground floor with an oversized private terrace.
2. Master suite offers direct terrace access and a luxury-style ensuite, signalling accommodation quality comparable with premium Main Beach homes.
3. Practical residence features include excellent cross‑ventilation, separate laundry, secure basement parking with two car spaces, and conditional pet approval subject to Body Corporate consent.
4. Building is boutique with only 50 apartments and two units per floor, promoting privacy and a high standard of living.
5. High owner‑occupancy profile with 37 owner‑occupied units and only 10 units in the letting pool, implying stable community and lower tenant turnover.
6. Resort‑style onsite amenities include a heated pool and spa, sauna, fully equipped gym, barbecue area, and full‑size tennis and pickleball court, enhancing guest appeal and resident lifestyle.
7. Agreement structure is secure, permanent complex with a 10 year agreement term and 10 years remaining, offering long‑term operational certainty.
8. Financials: total asking price $1.995M, split $700K for management rights and $1.295M for the unit.
9. Reported net profit $157,692, with remuneration/body corporate salary of $132,603, indicating solid earnings for operators.
10. Prime location in the heart of Main Beach, walking distance to patrolled beaches, Tedder Avenue dining and retail precinct, Marina Mirage, and nearby yacht and surf clubs, strengthening year‑round demand.
11. Small letting pool and one outside agent suggest limited external competition for lettings, potentially supporting stable management income.

Management Rights Multiplier: 4.44
ROI Estimate: 7.90%

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