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Rare Management Rights, with aâPearlâ of a manager's residence. | Resort Brokers ID : MR008851
$1,980,000
Permanent Management Rights, LABRADOR QLD
ResortBrokers presents, for the first time in over 13 years, an excellent opportunity to acquire the management rights of Pearl Sur Mer.
Iconic for its location on the esplanade with uninterrupted views of the Broadwater, this permanent residential complex is a lifestyle investment first and foremost.
This caretaking and letting-only role offers a $60,486 body corporate salary, with 18 years remaining on the accommodation module. Duties include general common area cleaning, gardening and pool maintenance. Upside for the new manager is to secure letting appointment from current outside agents.
The managers residence is a modern 3-bedroom, 2.5-bathroom, private courtyard ground-floor apartment with 2 car spaces.
Ideal for buyers seeking a lifestyle with part-time duties.
- Permanent residential building comrpising 33 apartments
- Complex with well-appointment features including pool, spa and barbecue area
- One of a kind manager's residence (3 bedroom, 2.5 bathroom, 2 car)
- Another outstanding feature of the manager's residence is the 172m2 wrap around courtyard with exceptional views of the broadwater
- Manager to be contactable only (no office hours)
- $60,486 body corporate salary for caretaking only, no letting duties
- 18 years remaining on the long-term accommodation module
- No postal or parcel duties
- Inspections are by appointment only
Date updated: 24 Aug 2025 23:00:04
More Information
- Total Purchase Price: $1,980,000
- Net Income: $ 60,486
(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