Southport, Queensland
Low Hours & Low Multiplier in Southport – ID 9226
$1,298,000
Business Description
Permanent Management Rights
Easy Duties with Flexible Hours
- Unmissable Opportunity: This is a rare, high-value investment you simply cannot afford to miss.
- Exceptional Value: Offered at a very low multiplier of only 3.68.
- Ultimate Lifestyle Balance: No set office hours and less than 10 hours of work per week.
- Low Maintenance: Minimal facilities to maintain with very simple, easy duties—all performed at your own pace.
- Strong Financials: Impressive net profit of $121,461, featuring a body corporate salary of $77,090 plus GST.
- Stable Letting Pool: All permanent rentals with a manageable letting pool of only 17 lots.
- Long-Term Security: A 25-year agreement with more than 20 years remaining.
- Premium Manager’s Residence: Newly renovated, stylish, high-quality 2-bedroom, 2-bathroom apartment with 2 secure car parks, multiple exclusive-use storage areas, and air-conditioning throughout.
- Flexible Layout: Spacious professional office attached on title (with potential to convert into a 3rd bedroom), plus a beautiful balcony and outdoor area.
- High-End Finishes: Modern kitchen and bathrooms, quality timber flooring, and magnificent living throughout.
- Prime Location: Super convenient position close to quality schools, the Broadwater, parks, restaurants, shops, and public transport.
- Total Asking Price: $1,298,000 (inclusive of the magnificent, newly renovated apartment).
An unbeatable blend of solid income, minimal hours, and a stunning Gold Coast lifestyle. Management rights of this caliber, combining a rock-solid 20+ year agreement, a beautifully renovated residence, and an incredibly low-stress workload, rarely stay on the market for long. Whether you are looking for an easy-to-operate business or a highly profitable lifestyle change near Broadwater, this property checks every single box. Act fast to secure this premium investment.
Net Profit: $121,461
Asking Price: $1,298,000
(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: 1146
Business Summary
Business Snapshot
Price: $1,298,000
Net Profit: $121,461 Remuneration / Body Corp Salary: $77,090Business Value: $448,000
Managers Unit
Value of Managers Apartment: $850,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: YesNewly renovated, and stylish large 2-bedroom, 2-bathroom apartment.
Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: Yes
Key Investment Insights
AI generated. Confirm details with the seller.
1. Low weekly workload of under 10 hours with no set office hours supports a flexible lifestyle investment.
2. Net profit of $121,461 includes a body corporate salary of $77,090 plus GST.
3. Asking price of $1,298,000 reflects a low 3.68 multiplier and includes the manager’s residence.
4. Stable permanent letting pool comprises 17 lots, supporting straightforward management and manageable operational responsibilities.
5. Long term security is provided by a 25 year agreement with more than 20 years remaining.
6. Newly renovated two bedroom, two bathroom manager’s apartment includes two secure car parks and air conditioning throughout.
7. On title professional office offers flexible use, including potential conversion into a third bedroom.
8. Quality facilities include a pool and barbecue area, with minimal facilities to maintain.
9. Convenient Southport location is close to schools, the Broadwater, parks, restaurants, shops and public transport.
10. The residence features modern kitchens and bathrooms, timber flooring, storage areas, balcony and outdoor space.
Management Rights Multiplier: 3.69
ROI Estimate: 9.36%