Proudly supported by all of the industry's leading brokers
Off The Plan Business Only Net Over $151K
$740,000 - Off The Plan
Permanent Management Rights, PALM BEACH QLD
Elevaire Palm Beach is one of the Gold Coasts newest and most desirable Business Only management rights opportunities, purposefully designed for operational ease and strong long term performance. Located at 1409, 1411 Gold Coast Highway, only 100 metres from the beach, Elevaire blends modern coastal architecture with a streamlined caretaking and letting structure that perfectly suits established operators.
With completion anticipated in February 2026, the development is being delivered by a renowned project team with a proven track record in high quality residential construction across Queensland. The boutique scale of just forty premium residences, paired with minimal shared facilities, supports a highly efficient business model. This allows the incoming operator to enjoy a lifestyle balanced workload, reliable revenue, and reduced staffing requirements.
Elevaire has been intentionally crafted to appeal to long term investors and quality residents, ensuring the foundation for a stable and high calibre letting pool at settlement. Legal structures have been set up to provide clarity, simplicity, and operational certainty, with straightforward caretaking schedules and minimal common area obligations that align with industry best practice.
Positioned at the heart of Palm Beachs thriving coastal corridor, residents enjoy immediate access to leading cafes, restaurants, boutique retail, and pristine outdoor amenity including Tallebudgera Creek and Burleigh Headland. Continued rental demand and strong local growth underpin the business performance. The Gold Coast Airport sits just fifteen minutes south, enhancing appeal for domestic and international travellers.
Elevaire Palm Beach stands as a rare chance to secure a first class off the plan management rights asset in one of the citys most tightly held beachside suburbs. Its boutique size, clean operational framework, and premium design make it ideally suited to experienced onsite operators seeking a secure, low complexity coastal business with enduring value.
More Information
- Total Purchase Price: $740,000 - Off The Plan
- Net Income: $ 162,990
(projected)
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