A Genuine Growth Opportunity in Gympie
Permanent Management Rights for Sale in Southside, QLD — $1,393,000
Key facts
- Price
- $1,393,000
- Location
- Southside, QLD 4570
- Type
- Permanent Management Rights
- Net income
- $252,308 (actual)
- Caretaking remuneration
- $246,113
- Units in letting pool
- 12
- Total units in complex
- 91
- Agreement term (years)
- 10
- Agreement remaining (years)
- 10
- Office hours
- No
- Bedrooms
- 3
- Bathrooms
- 2
- Car spaces
- 1
- Listed by
- Management Rights Brokers
- Listing ID
- 21200558
- Last updated
- 2026-10-13
Description
An attractive 18.1% annual return on investment, supported by a verified net annual income of $252,308.
Oxford Crest - Gympie Gardens, located in Southside Gympie, is a 91 lot Over 50's Living scheme with the principal roles of the manager being the caretaking of the grounds and common areas and looking after the currently small letting pool of 12.
These style of complexes have the real ability to add on additional services to the residents. In Oxford Crest - Gympie Gardens there is no requirement to provide meals, however, the manager has an exclusive use over the commercial kitchen, so, if you're inclined you could provide meals and increase your return.
Additionally, there's the opportunity to offer a linen service or a unit cleaning service and again, to make the bottom line grow!
But, the big opportunity lies in the 51 units currently managed by outside agents!! Rents in this complex are in the $350 per week range for a one bedroom. Let's say you were able to bring 20 additional units into your letting pool, that would see your top-line income grow by around $27,000! As expenses for a management rights business are relatively fixed, increasing the business income by growing your letting pool, sees the high majority of that go straight to the bottom line! Calculate what all 51 coming your way would look like!
In Australia right now, demand for retirement living is at record levels and rents will simply keep climbing .
The managers real estate includes a 3 bedroom, 2 bathroom apartment, which is currently rented as an investment property by the sellers. There is also an office at ground level, with no office hours. There is no requirement to reside on site within the complex.
To receive the detailed document package, call or email Greg Jorgensen.
Oxford Crest - Gympie Gardens, located in Southside Gympie, is a 91 lot Over 50's Living scheme with the principal roles of the manager being the caretaking of the grounds and common areas and looking after the currently small letting pool of 12.
These style of complexes have the real ability to add on additional services to the residents. In Oxford Crest - Gympie Gardens there is no requirement to provide meals, however, the manager has an exclusive use over the commercial kitchen, so, if you're inclined you could provide meals and increase your return.
Additionally, there's the opportunity to offer a linen service or a unit cleaning service and again, to make the bottom line grow!
But, the big opportunity lies in the 51 units currently managed by outside agents!! Rents in this complex are in the $350 per week range for a one bedroom. Let's say you were able to bring 20 additional units into your letting pool, that would see your top-line income grow by around $27,000! As expenses for a management rights business are relatively fixed, increasing the business income by growing your letting pool, sees the high majority of that go straight to the bottom line! Calculate what all 51 coming your way would look like!
In Australia right now, demand for retirement living is at record levels and rents will simply keep climbing .
The managers real estate includes a 3 bedroom, 2 bathroom apartment, which is currently rented as an investment property by the sellers. There is also an office at ground level, with no office hours. There is no requirement to reside on site within the complex.
To receive the detailed document package, call or email Greg Jorgensen.