Exceptional Management Rights Opportunity - High Demand, Great Returns

$1,595,000

Permanent management rights, Coomera QLD

This easy-to-run business offers the perfect balance of lifestyle and income. With NO set office hours (contactable only), you can work at your own pace, choosing hours that best suit you and your family.

Set within a secure, gated complex, residents enjoy amenities including a half-court tennis court, resort-style pool, BBQ area, and beautifully maintained lawns and gardens.

- Strong Body Corporate salary of over $100k plus annual CPI increases
- Additional income potential from extra maintenance work around the complex
- Supportive Body Corporate with a recently topped-up agreement to 20 years

The Letting Pool& Managers Residence:
- 22 townhouses in the letting pool
- Spacious freestanding 3-bedroom, 2-bathroom managers residence with double lock up garage alfresco area and your own private pool!
- Separate office
- Bonus: Separate granny flat/studio with ensuite perfect for guests or teenagers.

Prime Location:
Positioned for convenience with easy access to the M1, Brisbane, Surfers Paradise, and Broadbeach, this property is close to:
- Theme parks, public& private schools, and rail transport
- Coomera Westfield Shopping Centre

This is a rare opportunity for those seeking a flexible lifestyle business with excellent returns.

Net Profit: $155,421

Property Code: 85

More Information

Financial Overview

Total Purchase Price: $1,595,000
Net Income: $ 155,421 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 995,000
_{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: 22
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 32
_{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: 2
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 57
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 92,504
_{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: 20 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 20 years
_{How long has the management rights existed.}

Office Hours: No Set Office Hours
_{Required Office Hours}

Complex Features: Pool, BBQ Area, Half Size Tennis Court, Gated Complex

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 995,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

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: Freestanding Home includes 3 Bedroom, 2 Bathroom, Double lock up garage, Separate Granny flat with ensuite, separate office, Plus your own private pool