Main Beach, Queensland

PREMIUM MANAGEMENT RIGHTS BUSINESS MAIN BEACH - LUXURY LIFESTYLE - HIGH INCOME

$2,900,000

Business Description

An opportunity exists to secure one of the Gold Coast's most desirable permanent management rights businesses in the prestigious Main Beach market. This outstanding business combines a strong, reliable income with an enviable coastal lifestyle, making it an exceptional investment.

Located within a quality high-rise residential complex, this professionally maintained property offers long-term security through a substantial net profit including a solid Body Corporate salary of $300k + per annum, providing a stable and consistent income stream, making it an attractive operation for incoming owners.

Business Highlights

- Premium permanent management rights business

- Prestigious Main Beach, Gold Coast location

- Strong Body Corporate salary of $300,565 per annum

- Well-maintained, high-quality residential complex

- Beautiful 3 bedroom manager's residence

- Excellent presentation throughout the building

- Lifestyle and investment in one outstanding package

If you're searching for management rights for sale on the Gold Coast, permanent management rights in Main Beach, or a high-income management rights business with a luxury 3 bedroom apartment, this outstanding opportunity deserves your immediate attention.

Property Code: 1382

Business Summary

Business Snapshot

Price: $2,900,000 Net Profit: $363,582 Remuneration / Body Corp Salary: $300,585Business Value: $1,600,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,300,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Beautiful spacious 3 bedroom 2 bathroom apartment with quality features throughout

Complex Information

Complex Type: PermanentTotal Units in Complex: 119Total Units in Letting Pool: 13Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Scott Saunders

Sam Saunders

Premier Business Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Asking price of $2,900,000 includes a business valued at $1,600,000 and manager’s apartment valued at $1,300,000.
2. Reported net profit of $363,582, supported by a Body Corporate salary exceeding $300,000 per annum.
3. Annual CPI reviews apply to the Body Corporate salary.
4. Permanent management rights business in prestigious Main Beach on the Gold Coast, offering a coastal lifestyle.
5. Standard module management agreement with a full 10 years remaining.
6. Quality residential complex comprising 119 units, with 13 units in the letting pool.
7. Spacious manager’s residence features three bedrooms, two bathrooms, quality finishes and one car space.
8. Office is on title, and pets are permitted.
9. Professionally maintained building with excellent presentation throughout.
10. Resident amenities include a pool, spa, sauna, gym, tennis court, BBQ area, Pay TV and WiFi.

Management Rights Multiplier: 4.40
ROI Estimate: 12.54%