Miami, Queensland

Beachfront lifestyle, sub 3.7 × multiple, solo friendly operation in Miami.

Under Contract / Offer

Business Description

Situated just steps from the golden sands of Miami Beach, Miami Beachside Holiday Apartments is a fantastic opportunity to secure a well-established Management Rights business in a laid-back, beachside setting. This complex is ideal for operators looking for consistent income with low stress and manageable day-to-day duties.

The business has been set up for ease of operation, currently run by a single operator who handle a simple mix of short-term and permanent lettings. There are 9 units in the letting pool, made up of both holiday and long-term tenants, ensuring regular bookings and steady income throughout the year. The agreements are secured under the Accommodation Module, with 18 years remaining, giving the buyer a long runway of income and stability.

Caretaking duties are very manageable mostly covering basic garden upkeep, mowing, keeping the pool clean, and tidying up the BBQ area and common walkways. It’s the kind of work that can be done without stress and doesn’t require a team or trades. The current manager also has use of the large linen room and a secure storage/workshop area onsite.

The manager’s unit is a tidy and comfortable 2-bedroom, 2-bathroom apartment with a secure undercover car space, ideal for couples or singles. The office is on title and there are no set office hours, allowing for true flexibility and work-life balance.

With strong net profits of $180,431 and a reliable annual Body Corporate salary of $125,024, this opportunity suits anyone wanting to enter the Management Rights industry with minimal complexity. Located in a quiet street just moments from cafes, schools, and local amenities, this complex has long been a favourite for both guests and residents.

Miami Beachside ticks all the boxes: beachside location, easy workload, reliable income, and no pressure from rigid operating requirements.

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $180,431 Remuneration / Body Corp Salary: $125,024

Managers Unit

Value of Managers Apartment: $1,075,000Bedrooms: 2Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 65Total Units in Letting Pool: 9Owner Occupy Units: 43Outside Agent Units: 13Lockup Units: 56Agreement Term: 18 yearsAgreement Term Remaining: 18 years

Marketing Agent

Paul Mueller

0439 25....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Strong profitability, reported net profit $180,431, plus reliable annual Body Corporate salary $125,024, supporting solid owner earnings.
2. Attractive valuation signal, marketed as sub 3.7 times multiple, indicating potential upside for buyers relative to earnings.
3. Prime beachfront location, positioned steps from Miami Beach with easy access to cafes, schools and local amenities, enhancing attraction for guests and residents.
4. Low-complexity operation, currently solo-operator run with simple mix of short-term and permanent lettings, enabling single-person management.
5. Long-term income security, Accommodation Module agreement in place with 18 years remaining.
6. Small letting pool of 9 units within a 65-unit resort complex, providing consistent bookings without heavy management demand.
7. Manageable caretaking duties, mostly garden upkeep, mowing, pool cleaning and common-area tidying, no large trades or team required.
8. Manager facilities and flexibility, tidy 2-bedroom, 2-bathroom managers apartment on title valued at $1,075,000 with secure undercover car space, office on title, and no set office hours.
9. Operational support infrastructure, onsite large linen room and secure storage/workshop area included for manager use.
10. Complex composition supportive of revenue, 43 owner-occupy units, 13 outside agent units and 56 lockup units, indicating stable resident mix and ancillary income opportunities.

Management Rights Multiplier: 3.60
ROI Estimate: 10.46%