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 a massive 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

1. Located in highly sought-after Southport, QLD, offering strong market appeal and access to Gold Coast demand.
2. Reliable Net Profit of over $116,000, indicating consistent operating earnings.
3. Exceptional Body Corporate Salary of $104,913 including GST, anchoring the majority of income.
4. Long-term security via a 25-year agreement with approximately 20 years remaining, reducing turnover risk.
5. Attractive valuation at a 3.23 business multiplier, suggesting competitive pricing relative to earnings.
6. Asking price $1,250,000 inclusive of managers real estate, enabling a turnkey acquisition.
7. Manageable low-rise walk-up complex of 56 lots, with 18 units in the permanent letting pool, limiting operational scale and complexity.
8. Low-maintenance facilities limited to a swimming pool and BBQ area, reducing upkeep costs and time.
9. No set office hours required, providing significant lifestyle flexibility for operators.
10. Spacious manager’s residence, three bedrooms and two bathrooms with a balcony and two car spaces, supporting on-site living comfort.
11. Separate on-title manager’s office, enabling clear separation of work and home life and preserving professional operations.

Management Rights Multiplier: 3.23
ROI Estimate: 9.28%