Secure Permanent Management Rights in Southport - ID 9234
Permanent Management Rights for Sale in Southport, QLD — $1,250,000
Key facts
Price
$1,250,000
Location
Southport, QLD 4215
Type
Permanent Management Rights
Net income
$116,000 (actual)
Caretaking remuneration
$104,913
Units in letting pool
18
Total units in complex
56
Agreement term (years)
25
Agreement remaining (years)
20
Office hours
No set office hours
Bedrooms
3
Bathrooms
2
Car spaces
2
Listed by
Management Rights Sales
Listing ID
21186906
Last updated
2026-09-10
Description
-Location: Highly sought-after suburb of Southport, QLD.
-Strong Earnings: Generates a reliable Net Profit of over $116,000.
-Exceptional Base Income: Features a substantial Body Corporate Salary of $104,913 (incl. GST), providing excellent financial stability.
-Long-Term Security: Operates under a 25-year agreement with 20 years remaining.
-Attractive Valuation: Highly competitive 3.23 business multiplier.
-Manageable Workload: Easily maintained low-rise walk-up complex comprising 56 total lots, with 18 in the permanent letting pool.
-Lifestyle Flexibility: Enjoy total freedom with no set office hours required.
-Low-Maintenance Facilities: Amenity upkeep is limited to a swimming pool and BBQ area.
-Spacious Manager's Residence: A massive unit featuring 3 bedrooms, 2 bathrooms, a balcony, and 2 car spaces.
-Convenient Workspace: Includes a separate, on-title manager's office to keep work and home life distinctly separated.
This is a standout opportunity to acquire a highly secure and easily manageable permanent letting business in the thriving heart of Southport. With a strong Body Corporate salary anchoring the income, minimal complex facilities to maintain, and the rare benefit of no set office hours, this business is perfectly tailored for operators seeking a genuine work-life balance. Coupled with a sprawling manager's residence, it offers both a fantastic lifestyle and a solid investment. Opportunities with this level of flexibility and security do not last long. Contact us today to arrange a confidential inspection and secure your future in Southport.
Net Profit: $116,000
Asking Price: $1,250,000
(Inclusive of Managers Real Estate)