Maroochydore, Queensland

$1M+ NOP Highly Profitable Dual Business-Only Management Rights in Maroochydore | Resort Brokers ID : MRB008662

$5,750,000

Business Description

A truly exceptional opportunity to acquire the management rights to Market Lane Residences & The Corso, a premium dual-complex business located in the highly sought-after new Maroochydore CBD precinct. This recently developed, large-scale operation presents an unparalleled offering in one of the Sunshine Coast’s fastest-growing areas.

With a total of 304 units, including 171 lots in the letting pool, this business delivers impressive returns and long-term security. The combined body corporate salary exceeds $445,000, providing a solid foundation of recurring income, while the net profit surpasses $1 million, making it one of the most lucrative management rights businesses available.

Both Market Lane Residences and The Corso operate under a business-only model, meaning there is no real estate to acquire, keeping upfront costs lower and maximising investment efficiency. Additionally, the agreements have no set office hours, offering exceptional flexibility for the operator to manage both businesses efficiently while benefiting from economies of scale.

Developed by the award-winning Habitat, these modern, high-end complexes cater to the growing demand for premium residential and rental accommodation in the heart of Maroochydore.

A business of this size and calibre is rarely available, making it a standout opportunity for an experienced operator looking to step into a high-income, large-scale business in a thriving coastal city.

- High net profit – Over $1m net profit, offering an outstanding return on investment.
- Strong BC salary – combined body corporate salary over $445,000, providing secure income
- No real estate to acquire – Business-only agreements
- No set office hours – Flexible agreements allow the operator to manage the complexes with ease & efficiency
- Long agreements 22.5 years on Market Lane Residences & 24.5 years on TheCorso
- Prime location – Situated in Maroochydore’s new CBD precinct, one of the Sunshine Coast’s fastest-growing areas
- Dual-complex scale – A large-scale business with 304 units, and 171 apartments in the letting pool
- Booming rental market – Maroochydore’s growth & demand for high-quality rentals ensure excellent occupancy rates and income stability
- Economies of scale – Operating two large complexes within 400m under one entity to streamline staff and software
- Rare offering – Businesses of this size and calibre rarely come to market, making it a highly desirable opportunity
- Strong future growth – As Maroochydore continues to evolve, property values & rental demand are expected to rise, further strengthening future returns
- Opportunity to grow the relationship with the builder developer who has a further 515 apartments under construction
- All inspections by appointments only
Date updated: 24 Mar 2025 22:00:02