Southport, Queensland
Expressions of Interest...Blue Chip MR Opportunity
EXPRESSIONS OF INTEREST
Business Description
A rare opportunity to secure a proven, blue chip management rights business in one of Southport’s most desirable permanent complexes.
Recently reduced in price, this opportunity now represents outstanding value. Operated by the same experienced managers for the past 12 years, the scheme benefits from fully established systems, processes, and long-standing community relationships, giving a new operator a seamless handover and a strong platform for ongoing success.
The business delivers a reliable net profit of $171,072 with no set office hours, allowing genuine lifestyle flexibility. Caretaking duties are simple and easy to manage, and with the complex running under the Standard Module with a full 10-year agreement and a supportive committee, the operational structure is secure and low stress.
The letting pool includes 16 permanent rentals, complemented by 10 externally managed units and 1 lock-up, within a large, well-presented complex. A motivated buyer will also see clear upside, with opportunity to grow the letting pool and generate additional income through sales commissions.
Financial stability is anchored by a Body Corporate salary of $129,097 plus GST, increasing annually with CPI and representing more than 75 percent of total income.
The manager’s residence is a modern three bedroom, two bathroom home with quality finishes and a private yard, ideal for families or those who enjoy low maintenance living. Positioned in a highly sought-after pocket of Southport with strong tenant demand driven by excellent school zones and close proximity to shops, parks, and public transport.
A standout offering that blends lifestyle, location, and the security of a well-established, blue chip operation.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: EXPRESSIONS OF INTEREST
Net Profit: $171,072 Remuneration / Body Corp Salary: $129,097
Managers Unit
Bedrooms: 3Bathrooms: 2Car Spaces: 4Complex Information
Complex Type: PermanentTotal Units in Complex: 91Total Units in Letting Pool: 16Outside Agent Units: 10Lockup Units: 1Agreement Term: 10 yearsAgreement Term Remaining: 10 years
Key Investment Insights
1. Proven blue chip management rights business in a desirable Southport permanent complex, recently price reduced indicating potential value.
2. Reliable net profit of $171,072, supported by a Body Corporate salary of $129,097 plus GST which comprises over 75 percent of total income.
3. Body Corporate salary indexed to CPI, providing predictable annual income growth and financial stability.
4. Full 10 year Standard Module agreement in place with the full 10 years remaining, offering long-term contractual security.
5. Operated by the same experienced managers for 12 years, with established systems, processes, and strong community relationships to enable a seamless handover.
6. Low operational stress, with simple caretaking duties, no set office hours, and genuine lifestyle flexibility for the manager.
7. Letting pool includes 16 permanent rentals within a 91 unit complex, plus 10 externally managed units and 1 lock-up, allowing immediate recurring income and scope to grow.
8. Clear upside potential to increase revenue by expanding the letting pool and earning additional sales commissions.
9. Supportive Body Corporate committee, reducing governance friction and aiding smooth operations.
10. Manager’s residence is a modern three bedroom, two bathroom home with quality finishes and a private yard, plus four car spaces, suitable for families and low maintenance living.
11. Strong location appeal with high tenant demand driven by excellent school zones, and close proximity to shops, parks, and public transport.
