Southport, Queensland

Secure Permanent Management Rights in Southport - ID 9234

$1,250,000

Business Description

Permanent Management Rights for Sale
High Body Corporate Salary, Expansive Residence, and No Set Office Hours

- Location: Highly sought-after suburb of Southport, QLD.

- Strong Earnings: Generates a reliable Net Profit of over $116,000.

- Exceptional Base Income: Features a substantial Body Corporate Salary of $104,913 (incl. GST), providing excellent financial stability.

- Long-Term Security: Operates under a 25-year agreement with 20 years remaining.

- Attractive Valuation: Highly competitive 3.23 business multiplier.

- Manageable Workload: Easily maintained low-rise walk-up complex comprising 56 total lots, with 18 in the permanent letting pool.

- Lifestyle Flexibility: Enjoy total freedom with no set office hours required.

- Low-Maintenance Facilities: Amenity upkeep is limited to a swimming pool and BBQ area.

- Spacious Manager's Residence: A massive unit featuring 3 bedrooms, 2 bathrooms, a balcony, and 2 car spaces.

- Convenient Workspace: Includes a separate, on-title manager's office to keep work and home life distinctly separated.

This is a standout opportunity to acquire a highly secure and easily manageable permanent letting business in the thriving heart of Southport. With a strong Body Corporate salary anchoring the income, minimal complex facilities to maintain, and the rare benefit of no set office hours, this business is perfectly tailored for operators seeking a genuine work-life balance. Coupled with a sprawling manager's residence, it offers both a fantastic lifestyle and a solid investment. Opportunities with this level of flexibility and security do not last long. Contact us today to arrange a confidential inspection and secure your future in Southport.

Net Profit: $116,000
Asking Price: $1,250,000
(Inclusive of Managers Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:

Management Rights Broker
Ali Nasir

Property Code: 1179

Business Summary

Business Snapshot

Price: $1,250,000 Net Profit: $116,000 Remuneration / Body Corp Salary: $104,913Business Value: $375,000

Managers Unit

Value of Managers Apartment: $875,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

The residence features three well-appointed bedrooms, two bathrooms, and a balcony. It also includes two dedicated car spaces.

Complex Information

Complex Type: PermanentTotal Units in Complex: 56Total Units in Letting Pool: 18Owner Occupy Units: 22Outside Agent Units: 15Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: Yes

Marketing Agent

Ali Nasir

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net profit exceeds $116,000, supported by a $104,913 body corporate salary including GST.
2. 25 year agreement with 20 years remaining provides long term operational security.
3. Low rise complex comprises 56 lots, including 18 apartments in the permanent letting pool.
4. No set office hours support flexible management and lifestyle arrangements.
5. Limited facilities include only a swimming pool and BBQ area, helping minimise maintenance requirements.
6. Spacious three bedroom, two bathroom manager’s residence includes a balcony and two dedicated car spaces.
7. Separate on title manager’s office keeps business operations distinct from the residence.
8. Southport location offers proximity to the Gold Coast’s established urban and lifestyle amenities.
9. Sale includes the management rights business and manager’s real estate for $1,250,000.
10. The business has a stated competitive 3.23 multiplier and pets are permitted at the residence.

Management Rights Multiplier: 3.23
ROI Estimate: 9.28%