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Rare 2X Multiplier - Prime Waterfront Opportunity - ID 9151
$735,000
Permanent management rights, Surfers Paradise QLD
Permanent Management Rights for Sale
River location with Upside Potential
- Office attached and on title.
- 24 years remaining on agreements.
- Flexible office hours - contact primarily via phone.
- Current owners have successfully run the business for 12 years.
- Low workload, can be run by one person.
- Well-located, 10 min walk to the beach.
- 2 bedroom residence with enclosed courtyard.
Seize this exceptionally rare opportunity in the heart of Surfers Paradisea boutique three-storey walk-up complex nestled on the Nerang River, offering an unbeatable lifestyle just five minutes' walk from the iconic Cavill Mall and tram station. With direct river access via a private jetty for boating, fishing, or relaxing by the water, this is Gold Coast living at its finest.
What makes this truly rare? A 2X multipliersignificantly below the typical 3-5 range for Gold Coast management rightsensuring rapid ROI and quick capital recovery. Perfect for those seeking time freedom, fast returns, and the thrill of central Surfers Paradise living without the grind. This is a genuine once-in-a-lifetime chance, so please contact us only if you're seriously interested and ready to act!
Net Profit: $50,500
Asking Price: $735,000
(Inclusive of Manager's Real Estate)
More Information
- Total Purchase Price: $735,000
- Net Income: $ 50,500
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 620,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 2.3
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?