Main Beach, Queensland
High Net Profit $363,574, Low Multiplier 4.40 in Main Beach - ID 9237
$2,900,000
Business Description
Permanent Management Rights for Sale
82% of Net Profit from Stable Salary of $300,565 plus GST
- Large and stable Body Corporate remuneration of $300,565 plus GST, representing approximately 82% of the total net profit and providing an exceptionally secure income stream.
- 10-year Standard Module agreement with the full 10-year term remaining.
- Low multiplier of only 4.40, with a very high net profit of $363,574.
- Weekday operation only, from 9:00 am to 3:00 pm, with no weekend hours.
- All permanent rentals, featuring a very small letting pool of only 14 units and 45 lock-ups.
- Significant future income growth potential through additional sales commissions and maintenance/repair income.
- Gorgeous, spacious, and modern apartment featuring three bedrooms, two bathrooms, secure car accommodation, air conditioning, and a large private courtyard.
- Huge modern living areas with excellent first-class furnishings, together with a large, exclusive, and practical office attached and included on title.
- Located in one of the best central locations within the beautiful and prestigious Main Beach precinct.
Only an approximate 20-second walk to one of the Gold Coast's best beaches, situated in a safe, high-profile location with easy access to everything.
This magnificent business, together with a superb manager's residence in such a premium location, represents a rare opportunity.
Live the best lifestyle while earning a substantial income, this outstanding opportunity is not to be missed.
Net Profit: $363,574
Asking Price: $2,900,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 1189
Business Summary
Business Snapshot
Price: $2,900,000
Net Profit: $363,574 Business Value: $1,600,000
Managers Unit
Value of Managers Apartment: $1,300,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: YesThree bedrooms, two bathrooms, secure car accommodation, air conditioning, and a large private courtyard.
Complex Information
Complex Type: PermanentAgreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: Yes
Key Investment Insights
AI generated. Confirm details with the seller.
1. High net profit of $363,574 with an asking price of $2.9 million, inclusive of the manager’s residence.
2. Approximately 82% of net profit derives from stable body corporate remuneration of $300,565 plus GST.
3. Ten year Standard Module agreement has the full ten year term remaining.
4. Weekday only operation from 9:00 am to 3:00 pm, with no weekend hours required.
5. Permanent rentals comprise a small letting pool of 14 units, alongside 45 lock ups.
6. Additional income may be developed through sales commissions and maintenance or repair work.
7. Modern three bedroom, two bathroom manager’s apartment includes air conditioning, secure parking and a large private courtyard.
8. Exclusive office is attached to the residence, included on title, and provides spacious practical business facilities.
9. Premium Main Beach location is approximately a 20 second walk from the beach, with convenient access to local amenities.
10. Modern furnishings, substantial living areas and the integrated residence provide an appealing live and work setup.
Management Rights Multiplier: 4.40
ROI Estimate: 12.54%
