Southport, Queensland
PERMANENT MANAGEMENT RIGHTS BUSINESS FOR SALE - GOLD COAST
1,250,000
Business Description
Permanent Management Rights Opportunity – Southport, QLD
After 20 successful years, the long-term owner is retiring, presenting an excellent opportunity to secure a well-established permanent management rights business in a high-demand rental precinct.
Perfectly positioned in a sought-after Southport location, the complex is within easy walking distance to public transport, light rail, shopping, and a vibrant mix of dining and entertainment options—making it highly attractive to tenants and investors alike.
This is a simple, low-maintenance operation ideally suited to a single operator or a couple, with the flexibility for one partner to work externally. The business benefits from a separate office on title, a manageable workload, and no fixed office hours, offering a great work-life balance.
The spacious manager’s residence is a standout feature, comprising:
- 3 generous bedrooms
- 2 modern bathrooms
- 2 separate living areas ideal for families
- 2 large balconies for outdoor living
- 2 secure underground car spaces
- Total area of 218m² (including outdoor areas)
Financially, the business delivers stability and upside:
- Body Corporate salary of $91,990
- Net profit of approximately $116,000 per annum
- Potential to grow income through expanding the letting pool
The complex includes 56 units, with 18 currently in the letting pool offering room for growth while remaining easy to manage. This opportunity is ideal for first-time buyers or experienced operators looking to scale down without compromising income.
Key Highlights:
- Strong, consistent income stream
- Growth potential in letting pool
- Prime Southport location near amenities
- Easy-to-run business with flexible hours
- Spacious, family-sized residence included
Opportunities like this are tightly held and rarely come to market enquire today to secure a lifestyle business in one of the Gold Coast’s most desirable rental hubs.
Property Code: 1327
Business Summary
Key Investment Insights
1. Established 20-year permanent management rights business, long-term owner retiring, seller motivated for transfer.
2. Prime Southport location within easy walking distance to public transport, light rail, shopping, dining and entertainment, enhancing tenant appeal.
3. Located in a high-demand rental precinct, positioned as one of the Gold Coast’s desirable rental hubs.
4. Simple, low-maintenance operation suited to a single operator or a couple, with flexible hours and capacity for one partner to work externally.
5. Separate office on title included, providing on-site administrative space and clear commercial entitlement.
6. Financially stable with a Body Corporate salary of $91,990 and net profit of approximately $116,000 per annum.
7. Complex of 56 units with only 18 currently in the letting pool, offering clear upside through letting pool expansion.
8. Manager’s residence is spacious and family-sized, comprising 3 bedrooms and 2 modern bathrooms.
9. Residence includes 2 separate living areas and 2 large balconies, supporting comfortable on-site living and potential tenant hosting.
10. Residence provides 2 secure underground car spaces and a total area of 218m² including outdoor areas, enhancing lifestyle value.
11. Opportunity suitable for first-time buyers or experienced operators wanting to scale down, with manageable workload and reliable income.
12. Opportunity is tightly held and rarely on market, implying scarcity and potential urgency for interested buyers.
