Permanent Management Rights for Sale in Parrearra, QLD — $1,675,000
Key facts
Price
$1,675,000
Location
Parrearra, QLD 4575
Type
Permanent Management Rights
Net income
$160,417 (actual)
Caretaking remuneration
$147,048
Units in letting pool
4
Total units in complex
56
Agreement term (years)
25
Agreement remaining (years)
23
Office hours
None required
Bedrooms
3
Bathrooms
2
Car spaces
2
Listed by
Australian Resort Management Sales
Listing ID
21161428
Last updated
2026-04-10
Description
An exceptional opportunity to secure a low-workload management rights business in one of the Sunshine Coast’s most desirable locations.
Over 90% of income is derived from the body corporate salary. The body corporate covers all gardening requirements, with the manager only responsible for the mowing of common areas. There are no set office hours and duties can be subcontracted making this an ideal business for a single operator.
The letting pool currently includes 4 long-term rentals generating over $12,000 p.a. with scope to grow the pool externally and increase income.
The manager’s residence is a highlight! A spacious 3 bed, 2 bath apartment with a separate office. Features include a large enclosed patio two secure car spaces and 67m² of on-title storage. Storage rentals add approx. $8,000 p.a to the nett.
Key Highlights
• Large BC salary
• Body corporate pays all gardening services (only mowing required)
• No set office hours
• Spacious renovated managers unit
• Agreements topped up last year with 23 years remaining
• Supportive committee & community