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$445K+ Net Permanent & Over 21 Years Remaining
$3,450,000
Permanent management rights, Burleigh Waters QLD
Rare High-Income Permanent Management Rights in Prime Burleigh Water Location.
An exceptional opportunity to secure a good large net income permanent letting management rights!
Perfect location, only 15 minutes to Gold Coast airport and 18 minutes to Surfers Paradise. Just minutes from Burleigh Beach, close to Bond University, top schools, major shopping centres, and vibrant dining precincts, this is a location tenants love.
Key Features:
- Massive Net Income Over $445,000, strong economic scale with operational efficiency
- Attractive Remuneration Over $250,000 , solid and stable base income with annual CPI increases
- Permanent Letting Business, low hassle, long-term tenancies
- Opportunity for Growth, scope to increase letting pool and overall profitability
- Over 21 Years Remaining on Agreement, long-term security and business value
- Complex is in excellent condition, with the building freshly repainted
- Managers Residence Included spacious and conveniently located onsite
Whether you're looking to step up into a larger operation or secure a long-term, high-return investment, this is a rare opportunity in one of the most sought-after suburbs on the Gold Coast. Dont miss this blue-chip management rights business with scale, security, and significant growth upside. Contact exclusive agent now to receive the Information Memorandum and arrange a private inspection.
More Information
- Total Purchase Price: $3,450,000
- Net Income: $ 445,849
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 900,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?