CASHFLOW&COAST LIFESTYLEâ $464k NET PROFIT IN PRIME VARSITY LAKES | Resort Brokers ID : MR009139

$3,440,000

Permanent Management Rights, Varsity Lakes QLD

Set in the ever-popular Varsity Lakes precinct, this is a standout opportunity to secure not just onebut two complementary businesses in a high-demand, fast-growing location. Known for its strong rental appeal, proximity to quality schools, and just minutes from Burleigh Beach, this area continues to attract both residents and investors alike.

Currently operated as a single, high-performing management rights business, this asset delivers stability and upside in equal measure. Backed by long-term agreements and a supportive, proactive body corporate, it generates an impressive annual remuneration of $265,392 alongside a solid return on investment.

Designed for flexibility and future growth, the business operates without rigid office hours and offers significant scalability. Opportunities of this calibre in Varsity Lakes are tightly heldmaking this a rare chance to step into a premium, lifestyle-friendly investment.

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Incredible Net Profit of $464,157 which includes $265K+ bodycorporate remuneration

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208 total units, with 70 in the letting pool providing consistent income

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Additional upside with 31 units managed by external agents

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No set office hours– enjoy true operational flexibility

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Excellent relationship with an engaged and proactive body corporate

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Spacious 3-bedroom, 2-bathroom manager’s residence with private courtyard

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Large, exclusive-use office for both sales and lettings

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Secure agreements with over 19& 21 years remaining

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Inspections strictly by appointment

Date updated: 24 Mar 2026 22:00:02

More Information

Financial Overview

Total Purchase Price: $3,440,000
Net Income: $ 464,157 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 900,000
_{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: 67
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 106
_{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: 34
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 208
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 265,392
_{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: 19 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: No set office hours
_{Required Office Hours}

Complex Features: Aura Towers is across 4 x 6 story modern towers with a main pool + spa, lap pool, 2 BBQ areas, Gym, Sauna and rooftop decks + undercover parking Brooklyn is a 8 year old 6 story urban loft style mid rise with minimal facilities of a rooftop heated spa, sauna&2 BBQ areas. Ground floor retail/commercial precinct which is host to a Tapas Bar, Hairdressing Salon etc.