Permanent + 25 Years + $460k Net + Spacious manager uint

$3,608,000

Permanent management rights, Burleigh Waters QLD

This is a rare long-term permanent management rights opportunity offering both strong income and lifestyle appeal.
With approximately 25 years remaining on the agreements, this is a true long-hold asset in todays market.

Generating net income of $460k+ with over $260k in CPI-linked Body Corporate remuneration, the income is stable, predictable and well suited for long-term ownership.

Ideally located in a sought-after Gold Coast coastal area, close to lifestyle amenities, transport and strong rental demand, this complex combines a solid letting business with a comfortable managers residence, allowing you to enjoy both income and lifestyle in one package.

With no set office hours, an established community and an easy-to-manage structure, this is a rare opportunity for buyers seeking a stable, long-term management rights business with strong fundamentals.

This newly presented opportunity offers strong income, nearly 25 years remaining on the agreements, and an easy-to-manage structure in a highly sought-after coastal location. Opportunities with this level of income and long agreement term are consistently in strong demand. For further information or to arrange an inspection, please contact the exclusive agent promptly.

More Information

Financial Overview

Total Purchase Price: $3,608,000
Net Income: $ 460,336 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 985,000
_{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.}

Letting Business

Letting Pool: 55
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 0
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: TBC
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 263,004
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 25 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: no set office hour
_{Required Office Hours}

Complex Features:

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 985,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 3

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: Spacious 3-bedroom managerâs residence 223 sqm / 2 bathrooms / 3 car spaces / 3 storage cages / Large private courtyard and Office on title