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

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 of Manager's Real Estate: 3 bed residences & offices)

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

1. 77% of income derived from stable salaries of $331,375 plus GST, indicating highly predictable recurring revenue.
2. High net operating profit of $428,657, signalling strong cashflow for owner-operators.
3. Long-term 25-year management agreement with 22 years remaining, providing contractual income security.
4. Very small on-site letting pool of 30 permanent rentals, plus 15 managed by outside agents, implying lower vacancy and operational simplicity.
5. Significant upside via additional income streams including strong sales commission potential, offering clear growth levers.
6. Managers apartment valued at $1,500,000, modern 3-bedroom, 2-bath residence with secure car space and expansive private courtyard, included in sale.
7. Professional on-site office with three large rooms, front desk and ample storage, supporting efficient administration and resident services.
8. Stylish, well-maintained modern building with first-class, peaceful facilities, enhancing resident retention and asset appeal.
9. Comprehensive on-site amenities including pool, spa, sauna, gym and BBQ area, supporting premium positioning and resident satisfaction.
10. Exceptional walkable location to shopping centre, restaurants, bars, pharmacy, medical centre, beach, park and public transport, enhancing demand and lifestyle value.
11. Located within a highly regarded school catchment, increasing attractiveness to families and long-term tenants.
12. Low multiplier of 4.66 on an asking price of $3,500,000 inclusive of manager’s real estate, indicating relative value for the earnings profile.

Management Rights Multiplier: 4.67
ROI Estimate: 21.43%