Southport, Queensland

Exclusive - 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:

Exclusive 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 profit $150,867, indicating strong current earnings.
2. Additional proven gross rental income $48,000 from the manager’s unit, bringing total cashflow higher.
3. Sale price $1,570,000 inclusive of the modern 2-bedroom manager’s apartment valued at $820,000.
4. Secure Body Corporate salary $78,536 plus GST, with annual CPI increases, providing reliable baseline income.
5. Long-term 25-year agreement with 22 years remaining, offering contract stability and continuity.
6. Low-maintenance operation, no swimming pool and only minimal gardens and a BBQ area to manage.
7. Extremely simple, easy-to-manage business with no set office hours, allowing flexible management.
8. Strong letting pool of 22 permanent rentals, plus 3 units managed by external agents, supporting occupancy and management fees.
9. Manager’s residence is modern, 2 bedrooms and 2 bathrooms, with two car spaces and pet-friendly status.
10. Manager’s unit currently leased as an investment, demonstrating immediate rental upside if occupied by an onsite manager.
11. Huge, modern professional office included, supporting efficient onsite administration and visitor access.
12. Prime Southport location close to shops, restaurants, public transport and medical centres, enhancing tenant appeal.

Management Rights Multiplier: 4.97
ROI Estimate: 9.61%