A Near New Premium management rights opportunity with strong returns, no office hours, and a prime Helensvale location.

$1.060M MR + $875k Unit = Total $1.935M

Permanent Management Rights, HELENSVALE QLD

Discovery Apartments presents a standout opportunity to acquire a high-performing management rights business within one of the Gold Coast's 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 that appeal to a broad tenant demographic.
The fundamentals are strong. With 21.4 years remaining on the accommodation module agreement, incoming managers benefit from long-term security and operational continuity. There are currently 47 apartments in the letting pool, delivering robust income potential. Net profit exceeds $202,000 annually, supported by a CPI-linked body corporate salary of $75,816. Rental demand remains consistently high, with average weekly rents ranging between $560 and $810 depending on apartment size and configuration.
Lifestyle flexibility is a key feature here. There are no set office hours, giving the manager maximum autonomy to structure their day as they see fit. The manager's unit is a generous two-bedroom residence complete with air-conditioning, a well-appointed open-plan kitchen, a private patio, and ample storage throughout. Adding further value, the detached manager's office is on title, providing both operational convenience and genuine asset security.
Location is a major drawcard. The complex is positioned just a three-minute walk from Helensvale Plaza, Westfield Shopping Centre, and the Gold Coast's 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 currently under construction. The light rail provides access to Griffith University, two major hospitals, and the Knowledge Precinct in under 12 minutes, reinforcing Helensvale's position as a genuine connectivity hub.
This is a low-maintenance complex designed with simplicity and efficiency in mind. There are minimal shared facilities, and lifts service the basement through to the rooftop terraces with ease. Resident security is taken seriously, with 32 built-in surveillance cameras monitoring all corridors and common areas, providing peace of mind for both tenants and management.
Discovery Apartments delivers a rare combination of lifestyle, security, income, and future growth potential. 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 growth location.

Ras360 Specialists in Management Rights, Motels, Hotels, Pubs, and Holiday Parks

More Information

Financial Overview

Total Purchase Price: $1.060M MR + $875k Unit = Total $1.935M
Net Income: $ 202,137 (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: 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.}