Southport, Queensland
Permanent Management Rights – Gold Coast Location - High Net, Low Maintenance | Resort Brokers ID : MR008850
$3,400,000
Business Description
A thriving management rights business in the heart of Southport offers efficient, low-maintenance operations with much of the maintenance work contracted out, presenting excellent potential to win back outside lets and grow further.
Comprising 184 apartments (30 in the letting pool) and generating a consistently high net profit of over $429,695 year-on-year, the business is underpinned by a $331,383 Body Corporate salary. This permanent residential complex is supported by 21 years remaining on the accommodation module and a proactive body corporate.
The manager’s residence is a spacious 3-bedroom, 2-bathroom home with uninterrupted elevated Broadwater views.
- Generous body corporate salary over 75% of the net operating profit
- Prime central Southport location - walk to everything (cafes, restaurants & shopping centre)
- Permanent residential complex with 21 years remaining on the accommodation module
- 184 apartments, 30 in the permanent pool (8 commercial lots)
- Spacious three-bedroom, two-bathroom modern manager's residence withuninterrupted Broadwater views
- Inspections are by appointment only
Date updated: 08 Feb 2026 22:00:05
Business Summary
Business Snapshot
Price: $3,400,000
Net Profit: $429,695 Remuneration / Body Corp Salary: $331,383
Managers Unit
Value of Managers Apartment: $1,200,000Bedrooms: 3Bathrooms: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 184Total Units in Letting Pool: 30Owner Occupy Units: 146Outside Agent Units: 7Agreement Term Remaining: 21 years
