2.61 Multiplier & 2 Manager
$1,240,000
Permanent management rights, Surfers Paradise QLD
Mixed Management Rights for Sale
Prime Gold Coast Investment
Maximize your income with a unique business opportunity in the heart of the Gold Coast, combining both commercial and residential properties.
Two attached units and multiple revenue channels await, requiring minimal effort and offering flexible hours for maximum extra income potential.
High annual returns of nearly $150,000 are achievable by effectively leveraging multiple income resources.
General business net income stands at $115,008, complemented by an additional $35,000 in rental income (available for permanent or holiday rentals).
Explore multiple income resources, including 18 storage cages, 3 car spaces, and rentable units, offering limitless earning possibilities.
Invest just $1,240,000 in a high-return opportunity with a low multiplier of only 2.61.
Experience a minimal workload with reliable permanent rentals and the support of a proactive committee.
Manage with easeminimal landscaping and mowing required. It's a straightforward and uncomplicated role.
Enjoy extremely few and flexible working hours, providing a convenient lifestyle.
Benefit from a distinctive managers residence with DUAL units for additional income. Plus, two pets are allowed.
Each unit features a private entrance, balconies, and recently renovated bathrooms and kitchens.
Discover beautifully newly renovated Dual Units in the best part of the Gold Coast.
Maximize your returns with various extra income resources, including 18 storage cages, 3 security car spaces, and dual units available for holiday or long-term rental during peak seasons.
Enhance your lifestyle with this exceptionally situated property, strategically positioned for ultimate convenience in the tranquil heart of the Gold Coast.
Rare gems like these, seamlessly combining unique properties with a flourishing business, are exceptionally scarce in today's market.
Seize the opportunity now, or risk regret.
High Return close to $150,000 annually.
Net Profit: $115,008 plus $35,000 more potential
Only Asking for: $1,240,000
(Inclusive of Managers Dual Units)
More Information
- Total Purchase Price: $1,240,000
- Net Income: $ 115,008
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 940,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 2.6
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?