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Well-Established Management Rights with 24 Year Term
MR $1.35M + UNIT $750K = $2.1M
Permanent Management Rights, CARRARA QLD
Located in the heart of Carrara, Orchid Park & Carrara Garden offers a rare opportunity to secure a well-balanced management rights business combining income stability and lifestyle appeal. Comprising 124 units across two adjoining complexes, this long-established community enjoys a peaceful, leafy setting just minutes from the M1, local schools, and major shopping centres.
The managers residence is a comfortable 3-bedroom, 2-bathroom home with double garage, ideally positioned at the front of the complex for convenience and privacy. Perfect for families, it features a spacious open-plan living area, modern kitchen, and low-maintenance outdoor space all within easy reach of the onsite office.
This business is underpinned by a Body Corporate salary of $234,131.64, reviewed annually by CPI or 5%, providing strong, predictable income. The letting pool of 13 units adds further upside through steady rental demand, with weekly rents in the $680$720 range and an 8% commission structure.
The agreements are on the Accommodation Module, with a healthy 24-year term remaining (to June 2049) and a top-up opportunity scheduled for June 2025. Operationally straightforward, the business uses Console Cloud software, has no committee issues, and benefits from professional strata management through Strata4U.
Financially solid, Orchid Park & Carrara Garden delivers a verified net profit of $259,361.64, equating to a 19.21% ROI on the business component priced at $1,350,000. Including the spacious managers residence valued at $750,000, the total package of $2,100,000 achieves an attractive overall ROI of 12.35%.
Residents enjoy excellent facilities, including a swimming pool and BBQ area, supported by a strong sinking fund exceeding $209,000. With a stable community, low-maintenance operation, and the option to appoint a nominee, this dual complex offers the perfect mix of lifestyle, flexibility, and financial return a standout opportunity in the Gold Coast management rights market.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: MR $1.35M + UNIT $750K = $2.1M
- Net Income: $ 259,362
(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?