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PERMANENT MANAGEMENT RIGHTS FOR SALE
$1,250,000
Permanent management rights, Southport QLD
Permanent Management Rights Opportunity Southport, QLD
After 20 successful years, the long-term owner is retiring, presenting an excellent opportunity to secure a well-established permanent management rights business in a high-demand rental precinct.
Perfectly positioned in a sought-after Southport location, the complex is within easy walking distance to public transport, light rail, shopping, and a vibrant mix of dining and entertainment options making it highly attractive to tenants and investors alike.
This is a simple, low-maintenance operation ideally suited to a single operator or a couple, with the flexibility for one partner to work externally. The business benefits from a separate office on title, a manageable workload, and no fixed office hours, offering a great work-life balance.
The spacious managers residence is a standout feature, comprising:
3 generous bedrooms
2 modern bathrooms
2 separate living areas ideal for families
2 large balconies for outdoor living
2 secure underground car spaces
Total area of 218m (including outdoor areas)
Financially, the business delivers stability and upside:
Body Corporate salary of $91,990
Net profit of approximately $116,000 per annum
Potential to grow income through expanding the letting pool
The complex includes 56 units, with 18 currently in the letting pool offering room for growth while remaining easy to manage. This opportunity is ideal for first-time buyers or experienced operators looking to scale down without compromising income.
Key Highlights:
Strong, consistent income stream
Growth potential in letting pool
Prime Southport location near amenities
Easy-to-run business with flexible hours
Spacious, family-sized residence included
Opportunities like this are tightly held and rarely come to market enquire today to secure a lifestyle business in one of the Gold Coasts most desirable rental hubs.
More Information
- Total Purchase Price: $1,250,000
- Net Income: $ 116,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 875,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.2
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?