Southport, Queensland

Low Multiplier 3.47 | Net Profit $172,858 | 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 $172,858 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 $129,097 + 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: $172,858
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: $172,858 Remuneration / Body Corp Salary: $129,097Business Value: $600,000

Managers Unit

Value of Managers Apartment: $920,000Bedrooms: 3Bathrooms: 2Car Spaces: 4Office: On Title

Modern, 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: 8 yearsPool: YesTennis Court: YesBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. Low multiplier of 3.47, signalling favourable pricing relative to reported earnings.
2. Strong net profit of $172,858, with asking price $1,520,000 inclusive of manager’s residence.
3. Business value reported at $600,000, manager’s apartment valued separately at $920,000.
4. Secure Standard Module management agreement in place, with approximately 8 to 9.5 years remaining, providing long-term contractual stability.
5. Substantial Body Corporate salary of $129,097 plus GST, indexed annually to CPI, representing over 76% of total income and offering exceptional income security.
6. All-permanent rental complex with a letting pool of 16 properties, plus 10 external managements and 1 lock-up unit, creating a diversified recurring income base.
7. Clear upside to increase revenue by expanding the letting pool and generating additional sales commissions.
8. Large, modern 3-bedroom manager’s residence on title valued at $920,000, included in the sale, offering 2 bathrooms, 4 car spaces, full air conditioning, abundant storage, and office on title.
9. Residence designed for privacy and security, positioned away from the front entrance with a generous private yard and open-plan living ideal for entertaining.
10. Resort-style complex amenities include a pool, tennis court, and BBQ area, supporting tenant attraction and lifestyle appeal.
11. Highly convenient Gold Coast Southport location close to shopping centres, schools, public transport, medical facilities, and major amenities.
12. Operational advantage of no set office hours, supporting an excellent work-life balance for incoming managers.

Management Rights Multiplier: 3.47
ROI Estimate: 11.37%