Mudgeeraba, Queensland

PERMANENT MANAGEMENT RIGHTS FOR SALE - GOLD COAST

Under Contract / Offer

Business Description

We are pleased to offer this fantastic permanent management rights complex and excellent managers residence located in the leafy Gold Coast suburb of Mudgeeraba.

There are a total of 66 lots in the complex. The complex is gated has a lovely pool, gym, sauna and function room for residents to enjoy.

A very nice, two level 3-bedroom townhouse, featuring 2 ½ bathrooms and separate laundry, open plan living with timber floors, air-conditioning great views and space for 4 cars.

With a generous salary this is a great opportunity for buyers new to the industry to purchase a great home with good income and no set office hours. The complex is located in a peaceful bushland setting overlooking the Gold Coast and is a short drive to great schools, beaches and shopping.

- Good BC Salary $129,940

- Large home

- Beautiful quiet location but close to great schools, beach and shopping

- Elevated position with great views

Call now for further information and to arrange an inspection.

Property Code: 1300

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $137,898 Remuneration / Body Corp Salary: $129,940Business Value: $606,751Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

A lovely, two level 3-bedroom, 2.5 -bathroom townhouse. Open plan living which opens onto a private entertaining area with great views. Air-conditioning, timber floors in living area, parking for 4 cars including a 2-car garage with and large office attached to the residence. Great exclusive use storage areas.

Complex Information

Complex Type: PermanentTotal Units in Complex: 66Total Units in Letting Pool: 6Owner Occupy Units: 54Outside Agent Units: 6Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: YesWIFI: YesFunction Facilities: Yes

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Permanent management rights business with reported net profit of $137,898 and body corporate salary of $129,940.
2. The body corporate salary is reviewed annually in line with CPI.
3. A 25 year agreement has 21 years remaining, providing long term operational tenure.
4. Only six of 66 lots are in the letting pool, with 54 owner occupiers supporting a predominantly resident community.
5. Managers receive a spacious two level, three bedroom townhouse with two and a half bathrooms and open plan living.
6. The residence includes air conditioning, timber floors, private entertaining area, elevated views and parking for four cars.
7. A large attached office and exclusive use storage areas support on site management operations.
8. Residents have access to a pool, spa, gym, sauna, barbecue area, function facilities and WiFi.
9. The gated complex occupies a peaceful bushland setting in Mudgeeraba, with views overlooking the Gold Coast.
10. The location is a short drive from schools, beaches and shopping, combining quiet surroundings with local convenience.
11. Pets are permitted, and the managers office is on title.

Management Rights Multiplier: 4.40
ROI Estimate: 8.86%