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A Near New Premium management rights opportunity with strong returns, no office hours, and a prime Helensvale location.
$1.150M MR + $890k Unit = Total $2.040M
Permanent Management Rights, HELENSVALE QLD
Discovery Apartments presents a standout opportunity to acquire a high-performing management rights business within one of the Gold Coasts most rapidly growing suburbs. Completed in 2023, this modern medium-rise complex comprises 72 stylish apartments, offering a mix of one, two, and three-bedroom residences.
21 years remaining on the accommodation module agreement, ensuring long-term security and strong operational continuity.
53 in the letting pool, providing robust income potential. The net profit exceeds $205,000 annually, supported by a CPI-linked body corporate salary of $75,816. Rental demand remains high, with average weekly rents ranging between $560 and $810.
There are no set office hours, offering the manager maximum autonomy and lifestyle flexibility.
The managers unit is a generous two-bedroom residence with air-conditioning, a well-appointed open-plan kitchen, a private patio, and ample storage. The detached managers office is on title, providing additional value and operational convenience.
Positioned just a three-minute walk from Helensvale Plaza, Westfield Shopping Centre, and the Gold Coasts only train and light rail interchange. The suburb offers direct access to the M1, Gold Coast Highway, and the emerging M2 corridor, making it ideal for professionals, families, and commuters alike. An established bikeway connects residents to Harbour Town and the Broadwater, while the new Helensvale to GCU Hospital cycleway is under construction. The light rail connects to Griffith University, two major hospitals, and the Knowledge Precinct in under 12 minutes.
This low-maintenance complex has been designed for simplicity and efficiency, with minimal shared facilities and lifts servicing the basement through to the rooftop terraces. Resident security is a priority, with 32 built-in surveillance cameras monitoring all corridors and common areas.
Discovery Apartments delivers a rare combination of lifestyle, security, income, and future growth. Offering immediate income uplift and long-term investment certainty, this opportunity is ideally suited to both experienced operators and newcomers seeking a high-quality management rights business in a prime location.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $1.150M MR + $890k Unit = Total $2.040M
- Net Income: $ 205,293
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 890,000
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?