Tugun, Queensland

$120,038 Stable Net - ID 8970

$1,358,000

Business Description

Permanent Management Rights For Sale
A Super Cooperative Committee and Peaceful Community

- Ideal for a couple: One can manage the onsite operations while the other maintains an offsite career for additional income.

- Net Income: $120,038. A large portion is derived from a stable Body Corporate salary of $89,832 + GST, with annual CPI increases.

- Secure Agreement: 25-year management rights agreement with 20 years remaining.

- Simple Letting Pool: All rentals are permanent; includes 11 units in a small, easy-to-manage pool, 2 external properties, and 4 units currently managed externally.

- Supportive Committee: Only two members, making for streamlined communication. All tools and equipment are provided by the Body Corporate.

- Flexible Schedule: No set office hours required.

- Growth Potential: Additional opportunities available to further increase the current income.

- Modern Residence: Stylish, newly renovated 2-bedroom, 1-bathroom apartment with 1-car accommodation, full air-conditioning, and a practical backyard.

- Bonus Spaces: Includes a large, separate 15-square-metre air-conditioned office (on title) plus an additional 15-square-metre storage area.

- Prime Setting: Set within a leafy, beautiful, and peaceful community.

Net Profit: $120,038
Asking Price: $1,358,000
(Inclusive of Manager's Real Estate)

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: 1125

Business Summary

Business Snapshot

Price: $1,358,000 Net Profit: $120,038 Business Value: $498,000

Managers Unit

Value of Managers Apartment: $498,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: Yes

Features 2 bedrooms, 1 bathroom, and 1 car accommodation.

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net profit $120,038, with a large portion from a stable Body Corporate salary of $89,832 plus GST, indexed annually by CPI.
2. 25-year permanent management rights agreement, with 20 years remaining, providing long-term contract security.
3. Simple letting pool structure, 11 permanent onsite units, 2 external properties, and 4 units managed externally, easing operational complexity.
4. Ideal couple-operated model, allowing one partner to manage onsite operations while the other maintains an offsite income.
5. Supportive, small Body Corporate committee of two members, enabling streamlined decision-making and communication.
6. All tools and equipment supplied by the Body Corporate, reducing capital outlay and operational overhead.
7. Flexible schedule with no set office hours required, supporting work–life balance and remote arrangements.
8. Modern managers’ residence valued at $498,000, 2 bedrooms, 1 bathroom, 1 car space, fully air-conditioned and recently renovated.
9. Additional on-title 15 sqm air-conditioned office plus 15 sqm storage, offering dedicated workspace and secure storage.
10. Growth potential highlighted, with opportunities to increase current income beyond the stable base.
11. Asking price $1,358,000 inclusive of manager’s real estate, business value listed at $498,000.
12. Prime Gold Coast setting in a leafy, peaceful community, with complex amenities including pool and BBQ area.

Management Rights Multiplier: 7.16
ROI Estimate: 8.84%