Southport, Queensland

Undervalued Opportunity $67,900 Guaranteed Income, Prime Ground Floor Unit.

SOLD

Business Description

A rare caretaking-only management rights opportunity with minimal duties, no office hours, and a guaranteed $67,900 Body Corporate salary. Situated in the heart of Southport's Sundale precinct, this is an undervalued, blue-chip investment with a modern, spacious manager’s unit included.

Premium Manager’s Unit – Ground-Floor Living in a Prime Location
Spacious 2-bedroom apartment with water view corridors and parkland outlook
Bright open plan living and dining extending to a patio & lawns
Master suite with built-in robes and a stunning renovated ensuite
Second bedroom with deep wardrobes, ceiling fans.
Updated kitchen with ample storage, perfect for entertaining

Secure parking with extra storage
Boutique Complex & Unbeatable Lifestyle
The only facilities are a swimming pool and BBQ/communal areas
Minimal Gardening
Full and friendly handover with hands-on training and advice.
Includes approx. $1,000 worth of tools & equipment.
Settled long-term residents.

Prime Southport location – Walk to Woolworths, cafés, and essential amenities
Tram stop at your doorstep with direct access to Griffith University, Broadbeach, and Helensvale train to Brisbane CBD
This caretaking-only business means no office hours, minimal duties, and a reliable income—a truly rare find in this sought-after location.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: SOLD Net Profit: $67,900 Remuneration / Body Corp Salary: $67,900

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 2Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 37Owner Occupy Units: 26Outside Agent Units: 11Agreement Term: 10 yearsAgreement Term Remaining: 5 years

Marketing Agent

Paul Mueller

0439 25....

Ras360

Key Investment Insights

1. Rare caretaking-only management rights opportunity with minimal duties and no office hours.
2. Guaranteed $67,900 Body Corporate salary.
3. Modern and spacious 2-bedroom manager's unit included.
4. Prime location in Southport's Sundale precinct.
5. Ground-floor living with water views and parkland outlook.
6. Updated kitchen and renovated ensuite in the manager's unit.
7. Secure parking with extra storage.
8. Boutique complex with only a swimming pool and BBQ/communal areas.
9. Minimal gardening required.
10. Full and friendly handover with hands-on training and advice.
11. Settled long-term residents.
12. Walk to Woolworths, cafés, and essential amenities.
13. Tram stop at doorstep with direct access to Griffith University, Broadbeach, and Helensvale train to Brisbane CBD.
14. Caretaking-only business means reliable income and minimal duties.
15. Specialists in management rights, motels, hotels, pubs, and parks.

Management Rights Multiplier: 1.03
ROI Estimate: 97.00%