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Exceptional Management Rights Opportunity in Growth Corridor
$1,170,000
Permanent management rights, Birtinya QLD
Rarely do business-only opportunities of this calibre come to market.
Jewel Birtinya comprises four architecturally designed 8-storey buildings with 106 luxury two- and three-bedroom residences, each offering breathtaking lake or park views. Completed just two years ago, the complex is perfectly positioned within walking distance to parklands, shopping centres, and the Sunshine Coast University Hospital making it a standout offering in one of the Coasts most tightly held and high demand locations.
All apartments are either owner occupied or long term rentals, ensuring a stable, community oriented environment. Each rooftop features two expansive, high end penthouses, while the grounds are beautifully landscaped with lush gardens and private courtyards, creating a tranquil and sophisticated setting for residents.
With several large scale developments in the pipeline nearby, growth potential in this area is significant. Included in the sale is the well established Lake Kawana Realty brand, giving the incoming operator a strong foundation to capitalise on future expansion and ongoing demand.
Offering a generous body corporate salary, minimal competition, and consistently strong rental demand, this is a low-maintenance, high-return business in a premium Sunshine Coast location.
Key Highlights:
-Business Only with no unit to purchase
-Proactive and professional committee with a strong working relationship
-Modern Complex
-Prime Location
-Strong Rental Demand
-Huge Growth Potential surrounded by future large-scale developments
-Reputable Brand Included
-High remuneration for manageable workload
-Limited Local Competition
More Information
- Total Purchase Price: $1,170,000
- Net Income: $ 221,739
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.3
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