Secure Income with Permanent Management Rights in Southport - ID 9077

Financial Future Firmly In Your Hand

Permanent management rights, Southport QLD

Permanent Management Rights For Sale
Financial Future Firmly In Your Hand

- Magnificent Manager's Residence: A beautifully appointed home in a prime, central Gold Coast location.
- Spacious Living:3 bedrooms, 2.5 bathrooms, single garage plus carport, private courtyard, and a master balcony retreat.
- Modern Comforts:Fully equipped with 5 air conditioners, 5 ceiling fans, and solar panels for maximum energy efficiency.
- Exceptional Stability:Guaranteed Body Corporate salary of approximately $78,000.
- Lifestyle Flexibility: No set office hours with a highly manageable 9-hour weekly workload.
- Prime Connectivity: Shops, medical facilities, pharmacies, cafes, and restaurants are right at your doorstep.
- Central Hub: World-class beaches, major shopping centres, elite schools, and championship golf courses are all within a short drive.

High-quality living meets a super-steady income. Enjoy a peaceful, low-maintenance lifestyle in an impeccable residence. This is an opportunity you truly cant afford to miss!

Net Profit: $90,000
Asking Price: $1,340,000
(Inclusive of manager's real estate)

More Information

Financial Overview

Total Purchase Price: Financial Future Firmly In Your Hand
Net Income: $ 90,000 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 980,000
_{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.}

Letting Business

Letting Pool: TBC
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 0
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: TBC
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 78,000
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 10 years
_{How long is the caretaking contract.}

Agreement Remaining: 10 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 28 years
_{How long has the management rights existed.}

Office Hours: No set office hours
_{Required Office Hours}

Complex Features: Swimming pool, library and CCTV

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 980,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 0
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: Three-bedroom residence features 2.5 bathrooms, a single garage plus an additional carport, and a private, low-maintenance courtyard.