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High Income Meets Lifestyleâ Southport MR with Modern 3-Bed Home
$688K MR&$950K UNIT = Total $1.638M
Permanent Management Rights, SOUTHPORT QLD
A rare opportunity to secure a strong and stable management rights business in one of Southports most attractive permanent complexes.
The business delivers a high net profit of $163,861 with no set office hours, offering genuine lifestyle flexibility. Operating under the Standard Module with a full 10-year agreement in place and a supportive committee, the structure is sound and secure.
The letting pool currently consists of 16 permanent rentals, alongside 10 externally managed units and 1 lockup unit, within a large and well-maintained complex. For a motivated operator, there is excellent upside potential to grow income through expanding the letting pool and earning additional sales commission.
Financial security is further underpinned by the Body Corporate salary of $126,033 + GST, which increases annually with CPI and represents more than 76 percent of total income.
The managers residence is a standout feature. Modern, stylish, and spacious, it offers 3 bedrooms, 2 bathrooms, air conditioning, and 4 secure car spaces. The open-plan living, kitchen, and dining flow to a generous yard, perfect for entertaining. With ample storage and a peaceful position set back from the front gate, it provides the ideal balance of lifestyle and privacy.
This opportunity will appeal to first-time buyers seeking a secure income, semi-retirees looking for lifestyle with financial stability, or experienced operators wanting a low-stress business with growth upside.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $688K MR&$950K UNIT = Total $1.638M
- Net Income: $ 163,861
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 950,000
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?