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.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

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 for sale is Tudor Rose Management Rights, located in Merrimac, Gold Coast.
2. The business offers a secure caretaking role with a renovated 3-bedroom, 1-bathroom townhouse and a large office space.
3. The annual salary for the caretaking role is $94,473 and there are 22 years remaining on the management agreement.
4. The complex has a total of 48 units, with 10 units currently managed by outside agents.
5. The package includes a beautifully renovated home with a large backyard and outdoor entertaining area.
6. The location of Tudor Rose is ideal, just 10 minutes from Gold Coast beaches and close to premier shopping hubs, schools, parks, and dining options.
7. The business is suitable for first-time management rights buyers or experienced operators.
8. The manageable duties and long-term security make Tudor Rose an excellent investment opportunity.
9. The business can be run by one person with no office hours.
10. The total price for the business and unit is $1.1 million ($345,000 for the management rights and $755,000 for the unit).
11. The net profit for the business is $94,473, which is also the remuneration/body corp salary.
12. The complex has a permanent type and there are 2 units in the letting pool, with 36 owner-occupied units and 10 managed by outside agents.
13. The management agreement has a term of 25 years, with 22 years remaining.

Management Rights Multiplier: 3.65
ROI Estimate: 27.38%