Main Beach, Queensland

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

$3,000,000

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: $3,000,000 Net Profit: $363,582 Remuneration / Body Corp Salary: $300,585Business Value: $1,650,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,350,000Bedrooms: 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

1. Premium permanent management rights in prestigious Main Beach, Gold Coast, positioned in a quality high-rise residential complex offering strong location appeal.
2. Asking price $3,000,000, with clearly stated business value $1,650,000 and managers apartment value $1,350,000, providing transparent asset breakdown.
3. Net profit $363,582 per annum, with Body Corporate salary/remuneration of $300,585 per annum, indicating the Body Corporate salary comprises the majority of reported profit.
4. Body Corporate salary reviewed annually by CPI, providing predictable indexation and income protection against inflation.
5. Long-term security via a standard agreement module with a 10 year term remaining, reducing short-term contractual risk for incoming owners.
6. Managers on-title office included, plus a spacious 3 bedroom, 2 bathroom manager’s residence with 1 car space and pets allowed, enhancing operational convenience and lifestyle value.
7. Well-maintained, high-quality presentation throughout the complex, supporting reputation, resident satisfaction and potential for steady Body Corporate income.
8. Large complex scale with 119 total units and a small letting pool of 13 units, suggesting potential to expand letting income if desired.
9. Comprehensive onsite amenities including pool, spa, sauna, gym, tennis court, BBQ area, pay TV and WiFi, reinforcing premium positioning and resident appeal.
10. Business combines lifestyle and high income in one package, appealing to buyers seeking both a substantial remuneration stream and an owner-occupied luxury apartment.

Management Rights Multiplier: 4.54
ROI Estimate: 12.12%