Southport, Queensland
Blue Chip MR Opportunity...Price Reduction
$650K MR & $900K UNIT = Total $1.55M
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 (11%) with no set office hours, allowing genuine lifestyle flexibility. Caretaking duties are simple and easy to manage, and with a supportive committee in places, 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 3 bedroom, 2 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: $650K MR & $900K UNIT = Total $1.55M
Net Profit: $171,072 Remuneration / Body Corp Salary: $129,097
Managers Unit
Bedrooms: 3Bathrooms: 2Car Spaces: 4Office: On TitleComplex Information
Complex Type: PermanentTotal Units in Complex: 91Total Units in Letting Pool: 16Outside Agent Units: 10Lockup Units: 1
Key Investment Insights
1. Recently reduced price offering improved value, total asking price $1.55M comprising $650K management rights and $900K unit.
2. Proven blue chip management rights business, operated by the same experienced managers for 12 years, indicating continuity and low transition risk.
3. Reliable net profit of $171,072, representing an 11% return.
4. Body Corporate salary of $129,097 plus GST, increasing annually with CPI, accounting for over 75 percent of total income, providing strong recurring revenue.
5. Established systems, processes, and long-standing community relationships, enabling a seamless handover and operational stability.
6. Flexible work structure with no set office hours and simple caretaking duties, supporting genuine lifestyle flexibility and low-stress operations.
7. Letting pool of 16 permanent rentals, plus 10 externally managed units and 1 lock-up within a 91-unit complex, giving a base income and room for growth.
8. Clear upside potential to expand the letting pool and earn additional income from sales commissions, offering growth avenues for a motivated buyer.
9. Manager’s residence is a modern 3 bedroom, 2 bathroom home with quality finishes, private yard, 4 car spaces, and office on title, enhancing appeal and convenience.
10. Prime Southport location with strong tenant demand driven by excellent school zones and close proximity to shops, parks, and public transport.
11. Supportive committee in place, strengthening governance and reducing operational friction.
