Pacific Pines, Queensland

Net $148,586 with Multiple Income Upside Potential - ID 9240

$1,580,000

Business Description

Permanent Management Rights For Sale

Spacious 4-Bedroom Manager’s Residence

- Flexible Lifestyle: No set office hours with a convenient, contactable management model.

- Secure Salary: Body corporate remuneration is currently $107,667 plus GST per annum, subject to annual CPI increases, providing a stable and predictable income stream.

- Strong Earnings: The business generates a net operating profit of approximately $148,586, with more than 70% of the income derived from the secure body corporate salary.

- Long-Term Security: 22 years remaining on a 25-year management rights agreement, ensuring long-term income security.

- Growth Potential: The current letting pool comprises 18 permanent rentals. With a further 12 properties managed by outside agents, there is genuine potential to expand the rental portfolio over time.

- Outstanding Accommodation: The manager’s residence is a spacious, well-appointed townhouse offering four bedrooms, two bathrooms, a double lock-up garage, and a private courtyard.

- Prime Location: Conveniently located with easy access to local shopping, schools, major road networks, and surrounding commercial and recreational amenities.

Offered at a highly attractive total price of $1,580,000 (which includes the magnificent 4-bedroom manager’s townhouse). This is a rare opportunity that is hard to match in the current market. Act now to secure this outstanding business and lifestyle package.

Net Profit: $148,586
Asking Price: $1,580,000 (Inclusive of Manager's Real Estate)

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

Management Rights Broker
Bill He

Property Code: 1205

Business Summary

Complex Information

Marketing Agent

Bill He

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net operating profit of approximately $148,586, with more than 70% of income derived from body corporate remuneration.
2. Annual body corporate remuneration of $107,667 plus GST is subject to annual CPI increases.
3. Management rights agreement has 22 years remaining on its original 25 year term.
4. No set office hours, with a contactable management model supporting lifestyle flexibility.
5. Existing letting pool includes 18 permanent rentals, with potential to secure 12 additional properties currently managed by outside agents.
6. Included manager’s townhouse offers four bedrooms, two bathrooms, a double garage and a private courtyard.
7. Gold Coast location provides convenient access to shopping, schools, major roads, commercial facilities and recreational amenities.
8. Total asking price of $1,580,000 includes the management rights business and manager’s residence.