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. Stable body corporate remuneration of $300,565 plus GST contributes approximately 82% of total net profit.
2. Reported net profit of $363,574 with a low 4.40 multiplier and asking price of $2.9 million.
3. Ten year Standard Module agreement has the full ten year term remaining.
4. Weekday operation runs from 9:00 am to 3:00 pm, with no weekend hours required.
5. Permanent rental model includes a small letting pool of 14 units and 45 lock ups.
6. Additional income potential is identified through sales commissions and maintenance or repair work.
7. Manager’s residence offers three bedrooms, two bathrooms, air conditioning, secure parking and a large private courtyard.
8. The property includes a modern office on title, excellent furnishings, and access to pool, spa, sauna, gym and barbecue facilities.
9. Premium Main Beach location is approximately 20 seconds from the beach, with convenient access to local amenities.
Management Rights Multiplier: 4.40
ROI Estimate: 12.54%
