2.7X MULTIPLIER | 22 YEAR TERM | PERMANENT | ENTRY LEVEL OR ADD-ON | SOUTHPORT
Permanent Management Rights for Sale in Southport, QLD — $1,100,000
Key facts
- Price
- $1,100,000
- Location
- Southport, QLD 4215
- Type
- Permanent Management Rights
- Net income
- $130,116 ()
- Caretaking remuneration
- $82,684
- Units in letting pool
- 17
- Total units in complex
- 62
- Agreement term (years)
- 25
- Agreement remaining (years)
- 22
- Bedrooms
- 2
- Bathrooms
- 1
- Car spaces
- 1
- Listed by
- Property Bridge
- Listing ID
- 21169156
- Last updated
- 2026-10-10
Description
This is a rare chance to enter the Gold Coast permanent management rights market at a multiplier well below the current industry standard of 4x.<br />
<br />
The business is priced at $350,000 against a net profit over $130,000 - a multiplier of just 2.7x. For buyers who understand the market, this gap represents genuine value that is hard to find right now.<br />
<br />
Located in Southport, the complex sits moments from the Smith Street Motorway, offering fast and easy access across the Gold Coast and beyond.<br />
<br />
The agreement has 22 years remaining, providing long-term security and stable cash flow from day one. The Body Corporate salary over $82,000 per annum increases annually by the greater of 3% or CPI, giving the incoming owner a reliable and growing income base.<br />
<br />
The letting pool currently has 17 units, providing a solid income base from day one. The complex has significant untapped letting potential, giving an active operator a clear pathway to grow income well beyond current levels.<br />
<br />
Operations are simple and well-established. Contractors are already in place, and the workload is manageable by a single person. There is no heavy lifting - just consistent, straightforward day-to-day duties.<br />
<br />
This permanent complex suits both first-time buyers entering the market at entry level, and experienced operators looking to add a low-maintenance income stream to an existing portfolio.<br />
<br />
Key Features:<br />
● Total price $1,100,000 (Unit $750,000 | Business $350,000)<br />
● Permanent management rights - entry level or add-on<br />
● Net profit $130,116 p.a.<br />
● Business multiplier 2.7x - well below current market rate<br />
● BC salary $82,684 with annual CPI or 3% increases<br />
● 22 years remaining on agreements<br />
● 17 units in letting pool<br />
● One-person operation - simple daily duties<br />
● Contractors already in place<br />
● Letting pool growth potential<br />
● Moments from Smith Street Motorway, Southport<br />
● Suits first-time buyers and experienced add-on operators
<br />
The business is priced at $350,000 against a net profit over $130,000 - a multiplier of just 2.7x. For buyers who understand the market, this gap represents genuine value that is hard to find right now.<br />
<br />
Located in Southport, the complex sits moments from the Smith Street Motorway, offering fast and easy access across the Gold Coast and beyond.<br />
<br />
The agreement has 22 years remaining, providing long-term security and stable cash flow from day one. The Body Corporate salary over $82,000 per annum increases annually by the greater of 3% or CPI, giving the incoming owner a reliable and growing income base.<br />
<br />
The letting pool currently has 17 units, providing a solid income base from day one. The complex has significant untapped letting potential, giving an active operator a clear pathway to grow income well beyond current levels.<br />
<br />
Operations are simple and well-established. Contractors are already in place, and the workload is manageable by a single person. There is no heavy lifting - just consistent, straightforward day-to-day duties.<br />
<br />
This permanent complex suits both first-time buyers entering the market at entry level, and experienced operators looking to add a low-maintenance income stream to an existing portfolio.<br />
<br />
Key Features:<br />
● Total price $1,100,000 (Unit $750,000 | Business $350,000)<br />
● Permanent management rights - entry level or add-on<br />
● Net profit $130,116 p.a.<br />
● Business multiplier 2.7x - well below current market rate<br />
● BC salary $82,684 with annual CPI or 3% increases<br />
● 22 years remaining on agreements<br />
● 17 units in letting pool<br />
● One-person operation - simple daily duties<br />
● Contractors already in place<br />
● Letting pool growth potential<br />
● Moments from Smith Street Motorway, Southport<br />
● Suits first-time buyers and experienced add-on operators