Pacific Pines, Queensland

Permanent residential MR business on the sunny Gold Coast with a large BC salary | Resort Brokers ID : MR007575

$1,295,000

Business Description

This Management Rights business presents a rare opportunity to live, work and earn a living on the sunny Gold Coast. With its prime location, modern family-friendly residences, a steady rental income and no facilities to maintain, this is a smart investment choice for those looking for a balanced and profitable lifestyle.

Don't miss out on this incredible chance to secure your future and call Paul today!

Well-presented townhouses with fantastic views
Prime location on the highly sought-after Gold Coast
Solid Body Corporate salary of $97,328
No facilities to maintain, making this a low-maintenance investment opportunity
Potential for additional income through repairs and maintenance service
Attached office and no set office hours allow for lifestyle flexibility
Set in an enviable location with easy access to amenities and public transportation
Generates solid rental returns due to the desirable location and well-maintained complex
Large, three-bedroom manager’s residence with modern renovations and ample living space
Property inspections are by appointment only
Date updated: 03 Dec 2023 22:00:08

Business Summary

Business Snapshot

Price: $1,295,000 Net Profit: $148,727 Remuneration / Body Corp Salary: $97,328

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 90Total Units in Letting Pool: 23Holiday Units: 23Owner Occupy Units: 53Outside Agent Units: 14Agreement Term Remaining: 20 years

Marketing Agent

Clint Amos

ResortBrokers

Key Investment Insights

1. Prime location on the highly sought-after Gold Coast, making it a desirable investment opportunity.
2. Solid Body Corporate salary of $97,328, providing a steady income for the manager.
3. No facilities to maintain, making it a low-maintenance investment opportunity.
4. Potential for additional income through repairs and maintenance service.
5. Attached office and no set office hours allow for lifestyle flexibility.
6. Well-presented townhouses with fantastic views, attracting potential tenants.
7. Large, three-bedroom manager’s residence with modern renovations and ample living space.
8. Set in an enviable location with easy access to amenities and public transportation.
9. Generates solid rental returns due to the desirable location and well-maintained complex.
10. Long agreement term remaining (20 years), providing stability and security for the manager.

Management Rights Multiplier: 4.34
ROI Estimate: 23.06%