Merrimac, Queensland

Live the perfect balance of business and lifestyle at Tudor Rose

$345k MR & $755k Unit = Total $1.1M

Business Description

Live the perfect balance of business and lifestyle at Tudor Rose – a secure caretaking role with a renovated home, just minutes from the beach and premier shopping on the Gold Coast."

Tudor Rose Management Rights in Merrimac, Gold Coast, is an exceptional caretaking-only business opportunity that combines lifestyle and convenience. With a solid annual salary of $94,473 and 22 years remaining on the management agreement, this position offers stability and a manageable workload across 48 units—10 of which are managed by outside agents, and can be worked on to get back in the letting pool thus increasing your Nett profit. The package includes a beautifully renovated 3-bedroom, 1-bathroom Townhouse, 1 HUGE office (which could a fourth bedroom) providing modern and comfortable on-site living. There is a very large (very large) backyard with big shed, with landscape gardens. This space offers room for a fire pit, complete with bench seating for a perfect outdoor entertaining area.

Located just 10 minutes from the famous Gold Coast beaches, Tudor Rose is also close to premier shopping hubs like Robina Town Centre and Pacific Fair, as well as top-tier schools, parks, and dining options. This makes it a perfect balance of business and leisure, providing a prime investment opportunity for first-time management rights buyers or experienced operators.

With its manageable duties, excellent location, and long-term security, Tudor Rose is an outstanding choice for anyone looking to secure a lifestyle-rich business venture on the stunning Gold Coast. Can be run by one person with no office hours.

Call Kerrie Lush ----------

Business Summary

Business Snapshot

Price: $345k MR & $755k Unit = Total $1.1M Net Profit: $94,473 Remuneration / Body Corp Salary: $94,473

Managers Unit

Value of Managers Apartment: $755,000Bedrooms: 3Bathrooms: 1Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 48Total Units in Letting Pool: 2Owner Occupy Units: 36Outside Agent Units: 10Agreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent

Kerrie Lush

0416 08....

Paul Mueller

0439 25....

Ras360

Key Investment Insights

1. The business offers a secure caretaking role with a renovated home, providing the perfect balance of business and lifestyle.
2. The annual salary is solid at $94,473 and there are 22 years remaining on the management agreement, providing stability and long-term security.
3. The package includes a beautifully renovated 3-bedroom, 1-bathroom townhouse and a large backyard with landscape gardens, offering a comfortable and modern on-site living space.
4. The location of the business is highly desirable, just 10 minutes from the Gold Coast beaches and close to premier shopping hubs, schools, parks, and dining options.
5. The business is suitable for both first-time management rights buyers and experienced operators.
6. The duties are manageable and can be run by one person with no office hours.
7. The total price for the business and unit is $1.1 million.
8. The net profit for the business is $94,473, with a remuneration/body corp salary of the same amount.
9. The value of the manager's apartment is $755,000 and it features 3 bedrooms, 1 bathroom, and 2 car spaces.
10. The complex is a permanent type with a total of 48 units, 2 of which are in the letting pool and 10 managed by outside agents.
11. The agreement term is 25 years with 22 years remaining.

Management Rights Multiplier: 3.65
ROI Estimate: 27.38%