Upper Coomera, Queensland
Prime Business Only's on the Gold Coast $160,125 Net
Under Contract / Offer
Business Description
This high-quality permanent townhouse management rights business is located in the desirable suburb of Upper Coomera. Set up as a profitable business-only management and letting right opportunity, there is no real estate to purchase, or office hours specified. As a premium complex, 12 out of the 126 apartments in the pool and 59 Outside Agents, with rentals always in high demand. Perfect for operators seeking add-on with dependable income or as a base to develop a ready-made business in a fantastic area.
• High Net profit verified by industry accountant $160,125
• Underpinned by strong BC salary of $144,014
• Accommodation Module (25 year agreements, 20 years remaining)
• No set office hours
• No real estate to purchase or requirement to live onsite
• Premium product with strong rental yields
• All inspections by appointment only
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $160,125 Remuneration / Body Corp Salary: $144,014
Complex Information
Complex Type: PermanentTotal Units in Complex: 126Total Units in Letting Pool: 12Owner Occupy Units: 55Outside Agent Units: 59Agreement Term: 25 yearsAgreement Term Remaining: 23 years
Key Investment Insights
Key Insights:
1. High net profit of $160,125, verified by industry accountant, making this a profitable business opportunity.
2. Strong base income from Body Corporate salary of $144,014.
3. Business-only management and letting rights opportunity, with no real estate to purchase or office hours specified.
4. Premium complex with 12 out of 126 apartments in the pool and strong rental yields.
5. Accommodation Module with 25 year agreements and 20 years remaining.
6. No requirement to live onsite, providing flexibility for operators.
7. All inspections are by appointment only, ensuring privacy and exclusivity for tenants.
8. Perfect for add-on to an existing business or as a ready-made base for new operators.
9. Located in desirable suburb of Upper Coomera on the Gold Coast.
10. Strong demand for rentals in the area, providing a stable and consistent income stream.
