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$570K Net Profit with a Freestanding 4 Bedroom Home a Rare Management Rights Opportunity
$2.61M MR + $1.10M Unit = Total $3.71M
Permanent Management Rights, TWEED HEADS SOUTH NSW
Ras360 presents an exceptional opportunity to secure a pair of well-established permanent residential management rights businesses, ideally positioned just 10 minutes from the Southern Gold Coast and Gold Coast Airport. Located in close proximity to each other, these secure gated complexes offer ease of operation and a combined total of 185 townhouses, with 77 permanent rentals under management.
Together, the businesses generate a strong combined net profit of approximately $570,089 per annum, supported by a generous Body Corporate salary of $350,372, indexed to CPI. Both complexes operate under long-term standard module caretaking and letting agreements, providing the incoming operator with stability, minimal workload, and the flexibility to outsource tasks if desired. Duties are straightforward, including upkeep of common areas and gardens, supervision of pool maintenance, monitoring security, and coordinating contractors.
The impressive managers residence is a rare freestanding four-bedroom, two-bathroom home situated on its own block, complete with a double garage, private yard, and an on-title office. Its modern layout offers spacious living areas and exceptional privacy with no shared walls. There is no requirement to live on-site, allowing the incoming owner the choice to reside in comfort or generate additional rental income from the property.
Residents enjoy a wide range of well-maintained facilities, including a swimming pool, gym, sauna, BBQ area, and function room. Both complexes benefit from a strong mix of owner-occupiers and long-term tenants, ensuring ongoing demand and a stable letting pool.
This is a rare opportunity to acquire two thriving management rights businesses in a highly sought-after Tweed Heads South location, offering strong returns, a substantial residence, and the freedom to tailor operations to suit your lifestyle.
More Information
- Total Purchase Price: $2.61M MR + $1.10M Unit = Total $3.71M
- Net Income: $ 570,089
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,100,000
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.
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?