Southport, Queensland
19% High Return & No Need To Live Onsite
$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% high return on investment, highlighting strong yield relative to asking price.
2. Net profit of $236,661, providing clear current earnings.
3. Asking price $1,250,000 with stated business value $990,000, indicating potential buyer upside.
4. 25-year management agreement with 23 years remaining, offering long-term contract security.
5. No requirement to live onsite, sale excludes a manager’s residence, enabling remote ownership or external accommodation.
6. No set office hours and very limited caretaking duties, supporting a low-effort, lifestyle-friendly operation.
7. No need to maintain the swimming pool, minimal gardens, and a compact building layout, reducing ongoing maintenance costs and workload.
8. Mixed letting pool of 16 units (15 holiday, 1 permanent), with a high proportion of one-bedroom units supporting a stable, consistent rental mix and growth potential.
9. Body Corporate salary of $56,439 plus GST, increasing annually in line with CPI, providing indexed guaranteed remuneration.
10. Included on-title professional office, reception, kitchen and laundry, plus ample storage and exclusive use of a large conference room, creating multiple income and operational advantages.
11. Convenient Gold Coast location near shopping, dining, public transport, the beach and major amenities, supporting strong demand for holiday letting.
12. Simple operation with light workload and easy cleaning/maintenance due to compact floor layout, reinforcing operational scalability and low staffing needs.
