Southport, Queensland
19% High Return & No Need To Live Onsite - ID 9208
$1,250,000
Business Description
Mixed Letting Management Rights For Sale
No Set Office Hours & $236K Net
- 19% High Return
- No office hours
- No requirement to live onsite
- No need to maintain a swimming pool
- Minimal gardens to maintain
- Very limited caretaking duties
- A simple operation with a light workload. The building’s compact floor layout makes cleaning and maintenance exceptionally easy.
- Body Corporate salary of $56,439 plus GST, increasing annually in line with CPI.
- Strong net profit of $236,661.
- 25-year agreement with 23 years remaining.
- Mixed rental complex with a letting pool of 16 units (15 holiday and 1 permanent), offering further income growth potential.
- A high proportion of one-bedroom units helps maintain a stable and consistent rental pool.
- No manager’s residence required.
- Exclusive use of the large conference room generates additional income.
- Ample storage facilities.
- Conveniently located close to shopping, dining, public transport, the beach, and major amenities.
- Total asking price of only $1,250,000, including a substantial professional office, reception area, kitchen, and laundry, all on title.
An exceptionally simple and stable holiday management rights business delivering an impressive 19% return. Outstanding value with minimal workload and strong long-term security—an opportunity not to be missed.
Net Profit: $236,661
Asking Price: $1,250,000
For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 1169
Business Summary
Business Snapshot
Price: $1,250,000
Net Profit: $236,661 Remuneration / Body Corp Salary: $56,439Business Value: $990,000
Managers Unit
There is no residence to purchase with this business, no requirement to live onsite. Included in the sale is a large professional office, reception area, kitchen area and laundry room, all on title. Exclusive use of the large conference room generates additional income. Ample storage facilities.
Complex Information
Complex Type: MixedAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesBBQ Area: Yes
Key Investment Insights
1. 19 percent return on asking price, signalling a high yield investment relative to comparable management rights sales.
2. Strong net profit of $236,661, supporting robust cash flow for owner operators or investors.
3. Low effective workload, with no set office hours, very limited caretaking duties, minimal gardens and no requirement to maintain the swimming pool.
4. No requirement to live onsite, manager’s residence not required, offering flexibility for owners and broader purchaser pool.
5. Long agreement security, 25 year contract with 23 years remaining, providing long term operational stability.
6. Mixed letting pool of 16 units, 15 holiday and 1 permanent, offering immediate letting income with potential growth in holiday bookings.
7. High proportion of one bedroom units, inferred to support a stable and consistent rental pool and simplified housekeeping.
8. Body Corporate remuneration of $56,439 plus GST, CPI linked, providing guaranteed recurring income in addition to net profit.
9. Included on title: large professional office, reception area, kitchen and laundry, plus exclusive use of a large conference room that generates additional income, and ample storage.
10. Prime Gold Coast location, close to shopping, dining, public transport, the beach and major amenities, enhancing guest appeal and occupancy potential.
