OFF THE PLAN TOWNHOUSE MANAGEMENT RIGHTS - $125K PROFIT | NO REAL ESTATE TO BUY | Resort Brokers ID : OTP008991
$565,000
Permanent Management Rights, Margate QLD
ResortBrokers exclusively presents an outstanding off the plan management rights opportunity in Margate.
Nautica is a quality 42-townhouse development currently under construction, with a projected net profit of $125,000 and a strong body corporate salary of $63,000 ($1,500 per lot), under brand new 25-year Accommodation Module agreements.
Caretaking is straightforward, with no pool, no barbecue facilities and only a small communal fire pit area to maintain. The letting pool is forecast at 17 across 42 lots. Construction is well progressed, with completion expected by mid-2026. More than 90 percent of lots have already sold.
Located 320 metres from Margate Beach and close to shops, dining and transport, this opportunity is well suited to experienced operators aiming to tap into the high-growth Redcliffe Peninsula market or those in the area seeking a quality add-on to their portfolio.
Contact Jeff today to make an inspection!
- Projected net profit $125,000
- Body corporate salary $63,000
- Business-only with no office hours and no real estate to purchase
- Brand new 25-year Accommodation Module agreements
- Projected letting pool of 17 lots across 42 lots
- Low-maintenance caretaking duties
- Suitable for experienced operators only
- Prime location close to Margate Beach and local amenities
- Inspections by appointment only
Date updated: 17 Nov 2025 22:00:02
More Information
- Total Purchase Price: $565,000
- Net Income: $ 125,730
(projected)
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: 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.
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