Oxenford, Queensland

Unmatched Freedom, High Returns, and Effortless Management - ID 9101

$1,225,000

Business Description

Gold Coast Management Rights for Sale
Experience Quality and Ease Like Never Before

- No Onsite Living Requirement: Embrace the ultimate work-life balance with no set office hours. Stay connected, thrive, and excel while enjoying the flexibility of offsite living.

- Skyrocket Your Earnings: Unlock a lucrative opportunity to rent the manager's unit, generating an additional income of over $33,000 per year! Your financial horizons just got wider.

- Stress-Free Management: Bid farewell to the hassle of maintaining pools, BBQ areas, spas, and other facilities. With minimal garden upkeep, you'll experience a workload that's lighter than air.

- Lucrative Profits Await: Elevate your financial success with a net operating profit of around $148,000. Enjoy the added bonus of a $103,491 (plus GST) body corporate salary.

- Ignite Growth Potential: Seize the opportunity to expand the letting pool – currently 22 out of nearly 100 units, with only 14 outside agents. Unleash your potential to supercharge your rental roll.

- Property Sales Commission Awaits: If you have a knack for sales, capitalise on the vast potential to boost your income through property sale commissions.

- Secure Long-Term Advantage: Lock in your future with a 20-year long-term agreement, extending until 2043. Enjoy a solid foundation with a supportive committee.

- Comfortable Townhouse Living: Indulge in the comforts of a 3-level, 3-bedroom, 2-bathroom townhouse. Revel in the stunning mountain views from your spacious deck and expansive backyard.

- Embrace Green Energy: Slash your electricity bills with 5.8 KW solar panels, ensuring cost-effective and eco-friendly living.

- Your Exclusive Oasis: Experience the convenience of an exclusive-use office with a separate entrance. Enjoy quality living with minimal body corporate levies.

Your opportunity awaits! For only $1,225,000, embark on a journey towards financial prosperity and exceptional living. Don't miss out on this remarkable deal, including the stunning Manager's Unit.

Net Profit: $148,000
Asking Price: $1,225,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast Management Right business for sale contact:

Management Rights Broker
Bill He

Property Code: 628

Business Summary

Business Snapshot

Price: $1,225,000 Net Profit: $148,000 Remuneration / Body Corp Salary: $103,491

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 3Bathrooms: 2Car Spaces: 4Office: Exclusive UsePets OK: Yes
3 bedroom, 2.5 bathroom, 5 carspace, three storey townhouse with sprawling balconies.

Complex Information

Complex Type: PermanentTotal Units in Complex: 90Total Units in Letting Pool: 22Owner Occupy Units: 53Outside Agent Units: 14Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 20 years

Key Investment Insights

Management Rights Multiplier: 3.89
ROI Estimate: 25.74%

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