Southport, Queensland
Rare Southport Management Rights Opportunity – 3.14x Multiplier - ID 8538
$1,100,000
Business Description
Permanent Management Rights
Super Easy Duties with Flexible Hours
- Extremely low workload, only a pool to maintain, no other facilities, and minimal gardening; a truly simple and easy job.
- Come and compare, you’ll quickly see how this opportunity stands out for its simplicity and ease.
- No set office hours; continue your current lifestyle while earning additional income in your spare time, at your own pace.
- Stable Body Corporate salary of $62,701 + GST, with annual CPI increases.
- Net profit: $87,331 per annum.
- 25-year agreement in place, with more than 20 years remaining.
- Super low multiplier of only 3.14 in one of Southport’s most convenient and desirable suburbs.
- All permanent rentals, with 10 units in the letting pool and 10 managed by outside agents; significant income potential through expanding the rental roll and offering sales services.
- Spacious modern manager’s apartment featuring 3 bedrooms, 2 bathrooms, 2 secure car spaces, air conditioning, and a large balcony.
- Generous living space and a practical, on-title office included.
- Prime central location, close to everything Southport has to offer.
- Asking price: $1,100,000, including the spacious 3-bedroom manager’s residence.
This magnificent, easy-to-manage business, paired with a large manager’s residence in a premium location, is a rare find.
Miss it now, and you may regret it for decades.
Net Profit: $87,331
Asking Price: $1,100,000
(Inclusive of Managers Real Estate)
For further information or to arrange an inspection of this business opportunity contact:
Management Rights Broker
Bill He
Property Code: 1033
Business Summary
Business Snapshot
Price: $1,100,000
Net Profit: $87,331
Managers Unit
Value of Managers Apartment: $825,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: Yes
Key Investment Insights
1. Low workload and easy duties, with only a pool to maintain and minimal gardening requirements.
2. Flexible hours and no set office hours, allowing for a good work-life balance.
3. Stable Body Corporate salary with annual CPI increases.
4. Net profit of $87,331 per annum.
5. Long-term 25-year agreement in place with more than 20 years remaining.
6. Low multiplier of only 3.14, making it a highly desirable and affordable opportunity.
7. All permanent rentals, with potential for additional income through expanding the rental roll and offering sales services.
8. Spacious and modern 3-bedroom, 2-bathroom manager's apartment with 2 secure car spaces and a large balcony.
9. Practical on-title office included in the manager's apartment.
10. Prime central location in one of Southport's most convenient and desirable suburbs.
11. Asking price of $1,100,000, including the manager's residence.
12. Rare find in a highly sought-after location, making it a valuable investment opportunity.
13. Potential for long-term growth and success in the management rights industry.
14. Contact Management Rights Broker Bill He for further information or to arrange an inspection.
15. Property Code: 1033.
Management Rights Multiplier: 3.15
ROI Estimate: 31.76%
