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NORTHERN GOLD COAST - LONG AGREEMENTS, LOW WORKLOAD, LIVE OFFSITE FLEXIBILITY
$1,300,000
Permanent Management Rights, PACIFIC PINES QLD
Positioned in the high-demand suburb of Pacific Pines, this permanent management rights business offers a secure, easy-to-run operation with genuine growth potential and flexible living arrangements.
The complex is well established with a stable resident profile, contributing to consistent occupancy and a low-maintenance day-to-day management environment. Combined with long agreements and a straightforward operating model, this is an ideal opportunity for first-time operators or experienced managers seeking a quality add-on to their existing portfolio.
Key Highlights:
High-demand location with strong rental fundamentals
Long agreements (~22 years remaining) providing security
Net income approx. $111K with annual CPI / 3% increases
Simple permanent MR - low workload, easy to manage
Live offsite flexibility - manager's unit currently tenanted
Stable resident base supporting consistent operations
Clear upside by growing letting pool (currently under-utilised)
Not fully optimised - genuine upside for incoming operator.
A rare opportunity to secure a stable income today with the flexibility to suit your lifestyle or investment strategy.
More Information
- Total Purchase Price: $1,300,000
- Net Income: $ 111,449
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
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?