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 $162,026, 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 17 in the letting pool (9 permanent and 8 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: $67,000

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: 17Owner Occupy Units: 11Agreement 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 minimal duties and substantial income potential.
2. Low-stress, maintenance-light experience with no pool or gardening responsibilities.
3. Mixed-use complex with 28 units, including 17 in the letting pool (9 permanent and 8 short-term).
4. Manager's spacious 2-bedroom, 2-bathroom unit with two car spaces offered at $950,000.
5. Management rights available at $725,000, for a total price of $1,675,000.
6. Solid Body Corporate salary of $67,000 and impressive net profit of $162,026.
7. Ideal for both experienced operators and those seeking an entry-level opportunity.
8. 20 years remaining on the agreement, providing long-term stability and security.
9. No office hours, allowing for flexible time management.
10. Council handles waste collection and residents take care of their own disposal, reducing responsibilities.

Management Rights Multiplier: 4.47
ROI Estimate: 22.35%