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Permanent Management Rights Opportunity
All offers considered!
Permanent management rights, CLEVELAND QLD
Secure Southeast Queenslands Most Coveted Bayside Business 24-Year Term
Why This Stands Out:
Guaranteed $124,136 p.a. Body Corporate Salary (ex. GST)
Total Income: $202,505 p.a. immediately bankable
10 hrs/week workload genuine work/life balance
3-Bed Managers Residence: Live in OR rent for +$32,000 p.a (current)
No requirement to live onsite, Committee: Supportive & long-term focused
Prime Growth Location: Clevelands #1 coastal hub walk to cafes/waterfront/schools
Unlock Hidden Value (Your Growth Leverage):
Current owner operates at baseline you capture the upside:
Letting Pool Expansion: Scale beyond 20 units
Untapped Sales Commissions: Capitalise on high-demand precinct
R&M Income Surge for someone who is hands on
Perfect Match For:
Semi-retirees seeking active income without grind
First-time operators wanting 24-year security + turnkey cashflow
Growth-focused buyers ready to exploit commissions/R&M
Lifestyle-driven couples walk to waterfront, cafes, parks
Critical Location Perks:
5 mins to boat ramps & bay trails
Family-safe, high-demand suburb (professionals/lifestyle buyers)
Transport/shops/medical all walkable
Call The SIRE Team at 0404 331 310 NOW or email us to arrange an inspection and learn more! Dont miss this rare opportunity to own a home and a business in one act fast!
More Information
- Total Purchase Price: All offers considered!
- Net Income: $ 202,505
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 750,000
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?