Southport, Queensland
Multiplier 3.38 with Net $177,331 in Southport - ID 9133
$1,520,000
Business Description
Permanent Management Rights for Sale
Spacious 3 Bedroom Manager's Residence in a Magnificent Resort Style Complex
• Strong net profit of $177,331 with no set office hours, offering an excellent work-life balance.
• Secure Standard Module agreement with approximately 9.5 years remaining on the full term.
• All permanent rental complex comprising a letting pool of 16 properties, plus 10 external managements and 1 lock-up unit within a large residential community. Significant potential exists to further increase income through expanding the letting pool and generating additional sales commissions.
• Stable and substantial Body Corporate salary of $129,694 + GST, indexed annually in line with CPI. This represents more than 76% of total income, providing exceptional income security and stability.
• Modern, stylish, and spacious manager's residence featuring 3 bedrooms, 2 bathrooms, and 4 car spaces, complete with air conditioning throughout.
• Well-designed open-plan layout incorporating the living, dining, and kitchen areas, flowing seamlessly to a generous private yard ideal for entertaining. Ample storage space throughout the residence.
• Rarely available, this high-quality manager's residence is positioned away from the front entrance, ensuring privacy, security, and a peaceful living environment within a beautifully maintained complex.
• Beautifully presented resort-style complex offering a tranquil and relaxed lifestyle environment.
• Highly convenient location close to shopping centres, schools, public transport, medical facilities, and major amenities.
• Asking only $1,520,000, including the impressive modern 3-bedroom manager's residence.
Net Profit: $177,331
Asking Price: $1,520,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights business opportunity contact:
Management Rights Broker
Bill He
Property Code: 1167
Business Summary
Business Snapshot
Price: $1,520,000
Net Profit: $177,331 Remuneration / Body Corp Salary: $129,694Business Value: $600,000
Managers Unit
Value of Managers Apartment: $920,000Bedrooms: 3Bathrooms: 2Car Spaces: 4Office: On TitleModern, stylish, and beautifully presented, this spacious manager’s residence features 3 bedrooms, 2 bathrooms, 4 car spaces, and is fully air-conditioned. The home boasts open plan living, dining, and kitchen areas, flowing out to a generous yard perfect for entertaining, with ample storage throughout. Rarely can you find a high-quality, modern manager’s residence of this calibre—set away from the front gate in a safe, peaceful, and beautifully maintained complex. Enjoy the best of both worlds with a resort-style environment in a super convenient location, close to shops, schools, and all essential amenities. If you’re looking to live better and earn more, this is an opportunity you can’t afford to miss.
Complex Information
Complex Type: PermanentAgreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesTennis Court: YesBBQ Area: Yes
Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit of $177,331 against an asking price of $1,520,000, including the manager’s residence.
2. Body Corporate salary of $129,694 plus GST, indexed annually to CPI, contributes more than 76% of total income.
3. Permanent management rights include a Standard Module agreement with approximately 9.5 years remaining on the full term.
4. The letting pool comprises 16 properties, supplemented by 10 external managements and one lock up unit.
5. Additional income potential is identified through expanding the letting pool and generating further sales commissions.
6. Modern three bedroom, two bathroom manager’s residence includes four car spaces, air conditioning, ample storage and a private yard.
7. The resort style complex provides a tranquil setting with a pool, tennis court and barbecue area.
8. Southport location is close to shopping centres, schools, public transport, medical facilities and major amenities.
Management Rights Multiplier: 3.38
ROI Estimate: 11.67%
