Southport, Queensland

Premium Southport Permanent Management Rights | Net Profit $428,657 - ID 9114

$3,500,000

Business Description

Permanent Management Rights for Sale
Salary $331,375 & Huge Income Growth Potential

- 77% of income derived from stable salaries of $331,375 plus GST

- High net operating profit of $428,657

- All permanent rentals with a very small letting pool of 30, plus 15 with outside agents

- Long-term 25-year agreement with 22 years remaining

- Significant additional income opportunities available, including strong sales commission potential

- Spacious, modern 3-bedroom apartment with 2 bathrooms, secure car space, and an expansive private courtyard

- Professional office with 3 large rooms, front desk, and ample storage

- Stylish, well-maintained modern building

- Exceptional location: shopping centre, restaurants, bars, pharmacy, medical centre, beach, park, and public transport all within walking distance

- Peaceful, high-quality building with first-class facilities

- Located within a highly regarded school catchment

- Low multiplier of only 4.66

Total selling price: only $3,500,000
(includes modern 3-bedroom apartment and professional offices).

Super-stable high income combined with luxury and convenience. Earn more and live your best.

Net Profit: $428,657
Asking Price: $3,500,000
(Inclusive 3-Bedroom Residential and Office 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: 719

Business Summary

Business Snapshot

Price: $3,500,000 Net Profit: $428,657 Remuneration / Body Corp Salary: $331,375

Managers Unit

Value of Managers Apartment: $1,500,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Pets OK: Yes

Experience modern luxury in this expansive 3-bed, 2-bath residence with a secure parking space and a spacious courtyard. Attached is a professional office space with three rooms and ample storage.

Complex Information

Complex Type: PermanentAgreement Module: AccommodationPool: YesSpa: YesSauna: YesGym: YesBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

- 77% of income comes from stable salaries, providing a reliable and consistent income stream
- High net operating profit of $428,657, indicating strong financial performance
- Small letting pool of only 30 permanent rentals, providing potential for growth and expansion
- Long-term 25-year agreement with 22 years remaining, providing stability and security for the business
- Significant additional income opportunities available, including strong sales commission potential
- Modern and spacious 3-bedroom apartment with 2 bathrooms, secure car space, and private courtyard
- Professional office with 3 large rooms, front desk, and ample storage
- Stylish and well-maintained modern building
- Exceptional location with easy access to shopping, dining, entertainment, and public transport
- Peaceful and high-quality building with first-class facilities
- Located within a highly regarded school catchment area
- Low multiplier of only 4.66, making this business an attractive investment opportunity
- Includes a modern 3-bedroom apartment and professional offices in the selling price of $3,500,000.

Management Rights Multiplier: 4.67
ROI Estimate: 21.43%