Southport, Queensland

Net $150,867 plus $48,000 Rental Income in Southport - ID 8780

$1,570,000

Business Description

Permanent Management Rights for Sale
No Pool, No Garden, Exceptionally Easy

- Extremely Simple Business: Easy-to-manage operation with a minimal workload.

- Low Maintenance: No swimming pool or complex facilities to worry about; only a BBQ area and minimal gardens to maintain.

- Ultimate Flexibility: No set office hours, allowing you to manage duties entirely at your own pace.

- High & Stable Returns: Strong net profit of $150,867.

- Reliable Income: Secure Body Corporate salary of $78,536 + GST, featuring annual CPI increases.

- Strong Letting Pool: 22 permanent rentals, plus an additional 3 managed by outside agents.

- Long-Term Security: A 25-year agreement with 22 years remaining.

- Modern Manager’s Residence: Includes 2 bedrooms, 2 bathrooms, 1 secure car space, plus an additional exclusive-use car space.

- Spacious Workspace: Huge, modern professional office included.

- Massive Rental Upside: Because the current operator lives offsite, the manager’s unit is currently leased as a standard investment property, generating a proven gross annual income uplift of $48,000.

- Superb Central Location: Outstanding convenience close to shops, restaurants, public transport, and medical centres.

- Exceptional Value: Priced at only $1,570,000, including the modern 2-bedroom manager’s apartment.

Net Profit: $150,867
Asking Price: $1,570,000
(Inclusive of Manager's Real Estate)

For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:

Management Rights Broker
Bill He

Property Code: 1150

Business Summary

Business Snapshot

Price: $1,570,000 Net Profit: $150,867 Business Value: $750,000

Managers Unit

Value of Managers Apartment: $820,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Pets OK: Yes

2 bedrooms and 2 bathrooms bathroom with 1 secure car space

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. Net operating profit $150,867, plus proven additional gross rental income of $48,000 from the manager’s unit.
2. Secure recurring Body Corporate salary $78,536 plus GST, with annual CPI increases, providing reliable baseline cashflow.
3. Low-maintenance operation, no swimming pool and minimal gardens; only a BBQ area to manage.
4. Extremely simple, easy-to-manage business model, allowing minimal day-to-day workload.
5. Ultimate flexibility for the manager, with no set office hours and the incumbent living offsite.
6. Strong letting pool of 22 permanent rentals, plus 3 units managed by outside agents, supporting occupancy stability.
7. Long-term agreement structure, 25-year module with 22 years remaining, offering continuity and saleability.
8. Manager’s residence is modern and substantial, 2 bedrooms, 2 bathrooms, and 2 car spaces, currently producing $48,000 p.a. when leased.
9. Spacious, modern professional office included, supporting efficient on-site administration and presentation.
10. Attractive central Southport location, close to shops, restaurants, public transport and medical centres.
11. Asking price $1,570,000 is inclusive of assets; business value stated at $750,000 and manager’s apartment valued at $820,000.

Management Rights Multiplier: 4.97
ROI Estimate: 9.61%