Upper Coomera, Queensland
Permanent Management Rights with Dual Income Streams
$1,520,000
Business Description
Positioned within the rapidly growing northern Gold Coast corridor, this established permanent management rights business presents an outstanding opportunity to secure a profitable lifestyle business in the highly sought-after suburb of Coomera.
Located within a secure gated community of 46 modern townhouses, the complex offers residents a relaxed lifestyle complemented by quality facilities including a sparkling swimming pool, small gym, BBQ area and recreation room.
Adding to the strength of the business is a valuable secondary income stream from the management of 17 external rental properties located in the surrounding streets. With streamlined digital rental payment systems already in place, both the internal and external portfolios are efficiently managed, providing excellent recurring income.
Importantly, the business is underpinned by a healthy 20 years remaining on the 25-year accommodation module agreement, delivering long-term income security and strong appeal for owner-operators.
The manager's residence is a spacious two storey townhouse featuring three generous bedrooms plus a dedicated office (or optional fourth bedroom), two bathrooms + powder room, an air-conditioned open-plan living and dining area, modern kitchen and a private outdoor entertaining area. Completing the package are three exclusive car spaces, providing exceptional convenience.
Situated just minutes from Westfield Coomera, Coomera Train Station, major theme parks, quality public and private schools, and the M1 Motorway, the location continues to attract strong tenant demand from families and professionals alike.
There is also genuine opportunity to further enhance the business, with six units currently managed by outside letting agents, providing potential for future growth of the letting pool and increased profitability.
This is an exceptional opportunity to acquire a well-established permanent management rights business offering secure long-term agreements, diversified income streams, lifestyle benefits and future upside in one of Southeast Queensland's fastest-growing regions.
Call Craig today to find out more about this permanent management rights opportunity.
Net Profit: $170,672
Property Code: 133
Business Summary
Business Snapshot
Price: $1,520,000
Remuneration / Body Corp Salary: $95,393Business Value: $595,000Body corp salary review: CPI Annually
Managers Unit
Value of Managers Apartment: $925,000Bedrooms: 4Bathrooms: 2Car Spaces: 3Office: On TitlePets OK: YesComplex Information
Complex Type: PermanentTotal Units in Complex: 46Total Units in Letting Pool: 11Owner Occupy Units: 28Outside Agent Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesGym: YesBBQ Area: Yes
Key Investment Insights
AI generated. Confirm details with the seller.
1. Net profit of $170,672 supported by dual income streams from 11 onsite and 17 external rental properties.
2. Twenty years remain on the 25 year accommodation module agreement, providing substantial long term income security.
3. Established permanent management rights business in a secure gated community of 46 modern townhouses.
4. Spacious three bedroom manager’s townhouse includes dedicated office, two bathrooms, powder room, air conditioning and private outdoor entertaining.
5. Three exclusive car spaces, with pets permitted, add convenience and lifestyle appeal for the resident manager.
6. Resident facilities include a swimming pool, gym, BBQ area and recreation room.
7. Coomera location is minutes from Westfield Coomera, the train station, theme parks, schools and the M1 Motorway.
8. Six units currently managed by outside agents provide a stated opportunity to expand the letting pool.
