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Northern Gold Coastâ Caretaking Only â Very Minimal Duties | Resort Brokers ID : MRC008977
$1,100,000
Permanent Management Rights, Coombabah QLD
A desirable caretaking-only management rights opportunity in Coombabah, located on the northern end of the Gold Coast. The complex consists of 46 townhouses, with minimal facilities that are very easy to maintain. All machinery and equipment expenses are covered by the Body Corporate.
There are currently no letting obligations; however, an optional letting pool is available for purchase from the previous manager, who maintains a positive relationship with the complex should you wish to add additional income to the business.
This lifestyle-friendly business includes a three-bedroom, two-bathroom manager's residence with an office and a flexible fourth room that could easily be used as a children's playroom or additional workspace.
- Body corporate salary of $86,619 with CPI increases
- Supportive body corporate with ongoing history of regular module top-ups
- Standard building format plan ensures straight forward management of the complex
- Caretaking-only business with very simple duties
- Letting pool available for purchase from previous manager at 2x multiplier, earning $26,474 plus GST
- Clever three-bedroom, two-bathroom manager's residence with office and flexible fourth bedroom that could easily convert to kids'play area or additional work space
- Low-maintenance facilities, including swimming pool and a tennis court
- Complex machinery and equipment expenses to the body corporate
- Inspections are by appointment only
Date updated: 12 Nov 2025 22:00:02
More Information
- Total Purchase Price: $1,100,000
- Net Income: $ 0
(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?