Southport, Queensland
Undervalued Opportunity $67,900 Guaranteed Income, Prime Ground Floor Unit.
Under Contract / Offer
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: Under Contract / Offer
Net Profit: $67,900 Remuneration / Body Corp Salary: $67,900
Managers Unit
Value of Managers Apartment: $850,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Complex Information
Complex Type: PermanentTotal Units in Complex: 37Owner Occupy Units: 26Outside Agent Units: 11Agreement Term: 10 yearsAgreement Term Remaining: 5 years
Key Investment Insights
Key Insights:
1. Rare caretaking-only management rights opportunity with minimal duties and no office hours.
2. Guaranteed $67,900 Body Corporate salary.
3. Prime ground floor unit with modern, spacious living and water views.
4. Secure parking with extra storage and access to communal facilities.
5. Boutique complex with only swimming pool and BBQ areas.
6. Includes $1,000 worth of tools and equipment.
7. Settled long-term residents.
8. Prime Southport location with easy access to essential amenities and public transportation.
9. Caretaking-only business means reliable income and minimal duties.
10. Full and friendly handover with hands-on training and advice.
Management Rights Multiplier: 1.03
ROI Estimate: 97.00%