Mooloolaba, Queensland

Solid Permanent Management Rights on the Sunshine Coast

$2,530,000

Business Description

Are you ready to embark on a lucrative investment journey on the picturesque Sunshine Coast?

We present a rare and enticing opportunity to acquire the permanent management rights of a thriving and central Sunshine Coast complex.

The location offers a perfect blend of tranquility and urban convenience.

Prime Location: Positioned in the heart of the Sunshine Coast, this complex boasts an optimal location, providing residents with a tranquil yet conveniently situated lifestyle near essential amenities.

Managerial Residence: Your new abode awaits! The manager's unit presents a spacious 3-bedroom, 2-bathroom coastal home, offering a comfortable and inviting living space for you and your family.

Sunshine Coast Lifestyle: Immerse yourself in the vibrant culture of the Sunshine Coast! From pristine beaches to verdant hinterlands, the region offers an array of recreational activities, cultural events, and culinary experiences.

Enjoy a lucrative net profit and stable income derived from the Body Corporate salary.

Revel in the modernity and expansiveness of the manager's residence.

Don't let this exceptional opportunity slip by; seize the chance to own the management rights of this thriving complex in the Sunshine Coast.

Business Summary

Business Snapshot

Price: $2,530,000 Net Profit: $345,233 Remuneration / Body Corp Salary: $241,897

Managers Unit

Value of Managers Apartment: $700,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 98Total Units in Letting Pool: 43Agreement Term: 25 yearsAgreement Term Remaining: 17 years
Marketing Agent
Paul Mueller
Paul Mueller

Key Investment Insights

1. Prime location in the heart of the Sunshine Coast, providing residents with a tranquil yet conveniently situated lifestyle near essential amenities.
2. Manager's unit is a spacious 3-bedroom, 2-bathroom coastal home, offering a comfortable and inviting living space for the manager and their family.
3. The Sunshine Coast offers a vibrant culture with a variety of recreational activities, cultural events, and culinary experiences.
4. Lucrative net profit and stable income derived from the Body Corporate salary.
5. Modern and expansive manager's residence.
6. Permanent complex with a total of 98 units, with 43 units in the letting pool.
7. Long agreement term of 25 years with 17 years remaining.
8. Manager's apartment has a value of $700,000.
9. Opportunity to own the management rights of a thriving complex in a highly sought-after location.
10. Potential for growth and increased profits in the future.

Management Rights Multiplier: 5.30
ROI Estimate: 18.87%

Listing location
Gallery

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