Merrimac, Queensland

High Net $277K with Modern 3-Bed Townhouse Permanent Management Rights for Sale in Merrimac - ID 9205

$2,300,000

Business Description

Permanent Management Rights for Sale
Flexible Hours with Simple Duties

- 25-year agreement in place, with 25 years' full-term remaining

- Stable high Body Corporate salary of $126,199 plus GST, with annual CPI increases

- No set office hours—flexible schedule under your own arrangement; ideal for a semi-retired lifestyle

- Simple, low-maintenance caretaking duties, allowing time for other work or additional income

- Very high net profit of $277,178

- All permanent rentals with 44 units in the letting pool

- Two-level manager’s townhouse with 3 bedrooms, 2.5 bathrooms, air conditioning, and double garage

- High-quality building constructed by renowned developer Sunland

- Large courtyard and spacious on-title professional office with separate entrance

- Peaceful, convenient location close to all amenities

- Total price only $2,300,000, including the modern 3-bedroom manager’s townhouse

The perfect combination of quality lifestyle and easy, high income.
No need to search further, your ideal opportunity is right here!

Net Profit: $277,178
Asking Price: $2,300,000

For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:

Management Rights Broker
Bill He

Property Code: 1036

Business Summary

Business Snapshot

Price: $2,300,000 Net Profit: $277,178 Remuneration / Body Corp Salary: $126,199

Managers Unit

Value of Managers Apartment: $890,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title

2-storey townhouse with 3-bedrooms, 2.5-bathrooms, and 2 car spaces.

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. Very high net profit of $277,178, indicating strong cashflow relative to the business size.
2. Asking price $2,300,000, offering an established income stream and included manager’s townhouse.
3. 25-year agreement in place with 25 years full-term remaining, providing long-term contractual security.
4. Stable Body Corporate salary of $126,199 plus GST, with annual CPI increases, delivering predictable recurring remuneration.
5. All permanent rentals, 44 units in the letting pool, reducing turnover workload and vacancy risk.
6. Flexible/no set office hours and simple, low-maintenance caretaking duties, suitable for semi-retired operators or owner-managers seeking minimal daily involvement.
7. Manager’s two-storey townhouse included, valued at $890,000, with 3 bedrooms, 2.5 bathrooms, air conditioning and double garage, adding significant owner-occupier value.
8. On-title professional office with separate entrance and large courtyard, supporting onsite management and potential alternative income or workspace use.
9. Complex features include a pool and permanent accommodation module, aligning with consistent resident expectations and amenity appeal.
10. High-quality building constructed by Sunland, a recognised developer, which may support asset longevity and resident satisfaction.
11. Peaceful, convenient Merrimac Gold Coast location close to all amenities, enhancing tenant appeal and resale marketability.

Management Rights Multiplier: 5.09
ROI Estimate: 19.66%