Low Multiplier 3.47 | Net Profit $172,858 | Southport - ID 9133
Permanent Management Rights for Sale
Spacious 3 Bedroom Manager's Residence in a Magnificent Resort Style Complex
• Strong net profit of $172,858 with no set office hours, offering an excellent work-life balance.
• Secure Standard Module agreement with approximately 9.5 years remaining on the full term.
• All permanent rental complex comprising a letting pool of 16 properties, plus 10 external managements and 1 lock-up unit within a large residential community. Significant potential exists to further increase income through expanding the letting pool and generating additional sales commissions.
• Stable and substantial Body Corporate salary of $129,097 + GST, indexed annually in line with CPI. This represents more than 76% of total income, providing exceptional income security and stability.
• Modern, stylish, and spacious manager's residence featuring 3 bedrooms, 2 bathrooms, and 4 car spaces, complete with air conditioning throughout.
• Well-designed open-plan layout incorporating the living, dining, and kitchen areas, flowing seamlessly to a generous private yard ideal for entertaining. Ample storage space throughout the residence.
• Rarely available, this high-quality manager's residence is positioned away from the front entrance, ensuring privacy, security, and a peaceful living environment within a beautifully maintained complex.
• Beautifully presented resort-style complex offering a tranquil and relaxed lifestyle environment.
• Highly convenient location close to shopping centres, schools, public transport, medical facilities, and major amenities.
• Asking only $1,520,000, including the impressive modern 3-bedroom manager's residence.
Net Profit: $172,858
Asking Price: $1,520,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights business opportunity contact:
Management Rights Broker
Bill He
Property Code: 1167
For more details, please email broker or call agents.
