Southport, Queensland
Secure Income, Effortless Lifestyle: Your Dream MLR Awaits at Marine Views!
$350k MR & $600k Unit = Total $950k
Business Description
Nestled in the heart of Southport at 140 Marine Parade, Marine Views offers a prime opportunity for those seeking an exceptional lifestyle and business venture. This three-story walk-up complex is ideally located across from the picturesque Broadwater, providing stunning views and easy access to Southport’s thriving café culture, shopping precincts, and light rail connections.
The management rights to Marine Views include a Body Corporate salary of $47,368 and a solid net profit of $83,567, making this a secure and high-performing business. With 27 units in total and 15 in the permanent letting pool, this is a streamlined operation that suits either a solo operator or a couple seeking an attractive income and work-life balance.
The manager’s residence is a spacious, air-conditioned, modern two-bedroom, two-bathroom unit with a separate office. It features a large outdoor courtyard, perfect for entertaining or relaxing. The property also boasts secure undercover parking, a swimming pool, and a barbecue area – all low-maintenance amenities that add value for residents and ease of management for the operator.
Located in a prime Southport address with Broadwater views and proximity to dining, retail, and transport options.
Business Opportunity: Permanent letting module with consistent 100% occupancy rates.
Facilities: Swimming pool and barbecue area; no complex facilities requiring heavy maintenance.
Lifestyle: Easy-to-manage property, perfect for a lifestyle business.
This is a rare opportunity to secure management rights in one of Southport’s most sought-after areas. With its unbeatable location, low-maintenance grounds, and the Gold Coast’s high rental demand, Marine Views is an ideal investment for those looking to combine work and leisure.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $350k MR & $600k Unit = Total $950k
Net Profit: $83,567 Remuneration / Body Corp Salary: $47,368
Managers Unit
Value of Managers Apartment: $600,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 27Total Units in Letting Pool: 15Owner Occupy Units: 7Outside Agent Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 23 years
Key Investment Insights
1. Prime location across from the Broadwater in Southport.
2. High-performing business with a solid net profit of $83,567.
3. Low-maintenance amenities including a swimming pool and barbecue area.
4. Easy-to-manage property, perfect for a lifestyle business.
5. Permanent letting module with consistent 100% occupancy rates.
6. Manager's residence is a spacious, modern two-bedroom unit with a separate office.
7. Secure undercover parking for residents.
8. Proximity to dining, retail, and transport options.
9. Rare opportunity to secure management rights in a sought-after area.
10. Ideal investment for those looking to combine work and leisure.
Management Rights Multiplier: 4.19
ROI Estimate: 23.88%
