Exceptional Beachside Management Rights Opportunity in the Heart of Miami

$725K MR$1.1M Unit = $1,825,000

Resort / Holiday Management Rights, MIAMI QLD

Situated just steps from the golden sands of Miami Beach, Miami Beachside Holiday Apartments is a fantastic opportunity to secure a well-established Management Rights business in a laid-back, beachside setting. This complex is ideal for operators looking for consistent income with low stress and manageable day-to-day duties.

The business has been set up for ease of operation, currently run by a single operator who handle a simple mix of short-term and permanent lettings. There are 9 units in the letting pool, made up of both holiday and long-term tenants, ensuring regular bookings and steady income throughout the year. The agreements are secured under the Accommodation Module, with 18 years remaining, giving the buyer a long runway of income and stability.

Caretaking duties are very manageable mostly covering basic garden upkeep, mowing, keeping the pool clean, and tidying up the BBQ area and common walkways. Its the kind of work that can be done without stress and doesnt require a team or trades. The current manager also has use of the large linen room and a secure storage/workshop area onsite.

The managers unit is a tidy and comfortable 2-bedroom, 2-bathroom apartment with a secure undercover car space, ideal for couples or singles. The office is on title and there are no set office hours, allowing for true flexibility and work-life balance.

With strong net profits of $180,431 and a reliable annual Body Corporate salary of $125,024, this opportunity suits anyone wanting to enter the Management Rights industry with minimal complexity. Located in a quiet street just moments from cafes, schools, and local amenities, this complex has long been a favourite for both guests and residents.

Miami Beachside ticks all the boxes: beachside location, easy workload, reliable income, and no pressure from rigid operating requirements.

More Information

Financial Overview

Total Purchase Price: $725K MR$1.1M Unit = $1,825,000
Net Income: $ 180,431 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,100,000
_{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: 9
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 43
_{Number of units resided in by their owners.}

Lock Ups: 56
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 13
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 65
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 125,024
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 18 years
_{How long is the caretaking contract.}

Agreement Remaining: 18 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: None
_{Required Office Hours}

Complex Features: 0

Real Estate Component

Manager's Unit: 2 2

Included Real Estate: $ 1,100,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 1

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: No
_{Can the manager own a pet on site?}

Unit Features: