Palm Beach, Queensland

Beach Palms Management Rights - Stress-Free, High-Yield Investment Opportunity on the Gold Coast!

$725k MR + $950k Unit = Total $1.675M

Business Description

Embrace an unparalleled investment opportunity with Beach Palms on the Gold Coast Highway, where minimal duties meet substantial income. This prime management rights offer boasts a solid Body Corporate salary of $67,000 and an impressive net profit of over $192,000, making it an ideal option for both experienced operators and those seeking an entry-level opportunity with low stress.

At Beach Palms, enjoy a truly maintenance-light experience. There’s no pool to maintain, no bins or bin chutes required, as the council handles all waste collection, and residents take care of their own disposal. No office hours means you’re free to manage your time flexibly, and there’s no gardening involved. The Body Corporate even covers pool costs, further reducing your responsibilities.

This mixed-use complex includes 28 units, with 15 in the letting pool (8 permanent and 7 short-term), providing consistent income. The manager's spacious 2-bedroom, 2-bathroom unit with two car spaces is offered at $950,000, alongside the management rights at $725,000, for a total price of $1,675,000. With 20 years left on the agreement, Beach Palms is the ideal choice for those seeking a high-yield, low-stress lifestyle investment.

Business Summary

Business Snapshot

Price: $725k MR + $950k Unit = Total $1.675M Net Profit: $162,026 Remuneration / Body Corp Salary: $69,031

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 28Total Units in Letting Pool: 15Owner Occupy Units: 13Agreement Term: 25 yearsAgreement Term Remaining: 20 years

Marketing Agent

Paul Mueller

0439 25....

Kerrie Lush

0416 08....

Ras360

Key Investment Insights

1. Prime location on the Gold Coast Highway with easy access to the beach and local amenities.
2. Solid Body Corporate salary of $67,000 and impressive net profit of over $192,000.
3. Low maintenance duties with no pool, bins, or gardening to take care of.
4. Flexible work schedule with no office hours required.
5. Mixed-use complex with 28 units, providing consistent income.
6. Manager's spacious 2-bedroom, 2-bathroom unit with two car spaces included in the total price of $1,675,000.
7. 20 years remaining on the agreement, making it a long-term investment opportunity.
8. Ideal for both experienced operators and those seeking an entry-level opportunity.
9. High-yield, low-stress lifestyle investment.
10. Minimal responsibilities as the Body Corporate covers pool costs.
11. Council handles waste collection, further reducing duties.
12. Opportunity to increase income by increasing occupancy rates.
13. Potential for growth and development in the surrounding area.
14. Strong demand for rental properties in the Gold Coast area.
15. Potential for capital growth in the property market.

Management Rights Multiplier: 4.47
ROI Estimate: 22.35%