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Genuine scale, secure income, and a prime Coastal location | Resort Brokers ID : MR008928
$3,990,000
Permanent Management Rights, Tugun QLD
ResortBrokers exclusively presents an outstanding management rights business and spacious family residence in the Southern Gold Coast. The business is underpinned by a strong net profit in excess of $475,000, with a remarkable body corporate salary exceeding $351,000 - representing 74% of net profit - delivering exceptional income security for the purchaser
The asset is supported by long-term 25-year caretaking and letting agreements, providing stability and peace of mind. This permanent residential complex comprises an impressive 187 townhouses, with a current letting pool of 50 and significant potential to convert additional outside lettings, offering a clear pathway for future growth.
With genuine scale, secure income, and a prime coastal location, this is as appealing to the numbers as it is to your lifestyle.
- Body corporate salary exceeds $351,000, representing 74% of the net profit
- No set office hours, streamlined and efficient operations
- Spacious three-bedroom, two and a half bathroom manager's residence with double garage - ideal for families
- Permanent residential complex with consistently high rental demand
- Prime location minutes from M1, hospital, beach, airport, and shopping precincts
- Long-term 25-year agreements and established systems ensure stability
- 187 townhouses with strong potential to grow the letting pool
- Inspections available strictly by appointment
Date updated: 10 Oct 2025 22:00:02
More Information
- Total Purchase Price: $3,990,000
- Net Income: $ 475,350
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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