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Permanent Management Rights - Clear Island Waters
$1,030,000
Permanent management rights, Clear Island Waters QLD
This boutique gated complex is located in the highly sought-after suburb of Clear Island Waters. Ideally positioned in a quiet, family-oriented enclave, the complex offers residents peace and privacy while remaining just minutes from the beach and within walking distance to the Q Super Centre and a range of other amenities.
Complex Features:
- Low body corporate fees
- Resort-style swimming pool, BBQ and entertainment area
- Secure gated entry with CCTV
- Supportive and proactive Body Corporate committee
- No set office hours
Location Highlights:
- Walk to Q Super Centre, cafes, gyms, and medical centres
- Minutes to top schools including St Vincents Primary and Merrimac State High
- Close to public transport, golf courses, sports grounds, and shopping precincts
Manager's Residence:
The managers residence is a well-maintained and spacious three-bedroom, two-bathroom townhouse, complete with a separate powder room on the lower level. It offers generous open-plan living and dining areas, a large kitchen, and a separate laundry for added convenience. The home is fitted with ceiling fans throughout and a split system air-conditioner on the ground floor, ensuring year-round comfort. A private courtyard provides the perfect setting for outdoor entertaining, while the attached ground-level office offers practicality for onsite management. The property also includes a single lock-up garage and an additional secure car space.
With additional upside to this business with a scheduled Body Corporate salary increase due in August 2025, which will see net profit increase even further. In addition, this is potential for a handy person to generate extra income by offering maintenance services within the complex.
Call Craig today for more information or to arrange an inspection.
Net: $87,875
Property Code: 81
More Information
- Total Purchase Price: $1,030,000
- Net Income: $ 87,875
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 750,000
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?