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Prime Southport MR with Broadwater views&no requirement to live onsite
$350k MR&$600k Unit = Total $950k
Permanent Management Rights, SOUTHPORT QLD
Perfectly positioned in the heart of Southport and directly opposite the stunning Broadwater, Marine Views presents an exceptional opportunity for those seeking an ideal blend of lifestyle and income. This three-level walk-up offers not only water views but also easy access to Southports vibrant caf culture, shopping precincts, and light rail network.
This tightly held management rights business features:
- A Body Corporate salary of $47,368
- A strong net profit of $83,567
- A streamlined letting pool of 15 permanent rentals out of 27 units total
The business is highly manageable, well-suited to a solo operator or couple looking for stable income without the stress. High occupancy, low-maintenance grounds, and no set office hours support a flexible, balanced lifestyle.
The managers residence is a well-appointed, air-conditioned 2 bedroom, 1 bathroom unit with a separate office and generous private courtyardideal for entertaining or unwinding. Additional complex features include secure undercover parking, a pool, and BBQ area.
Key Highlights:
- Consistent 100% occupancy across a permanent letting pool
- No heavy-duty maintenance requirements or complex facilities
- Low overheads and strong rental demand in a high-growth corridor
- Desirable lifestyle location, offering both business appeal and personal enjoyment
A rare chance to secure a high-performing, easy-to-run business in one of the Gold Coasts most in-demand suburbs. Whether starting out or scaling back, Marine Views delivers lifestyle and security.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $350k MR&$600k Unit = Total $950k
- Net Income: $ 83,567
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 600,000
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?