Just Listed

3.81 Low Multiplier & Stable High Income - ID 9171

$1,384,000

Spacious Free-Standing House
Permanent Management Rights for Sale

 

  • Low multiplier of only 3.81 for a Permanent Management Rights business on the Gold Coast.
  • Strong net profit of $127,111, supported by a high Body Corporate Salary of $113,989 plus GST, which makes up 84% of total income, with CPI increases annually. 
  • No set office hours and easy caretaking duties, offering flexible, reduced hours.
  • Ideal for someone seeking a second income at their own pace or in their spare time.
  • Long 20-year agreement with 16 years remaining.
  • All permanent rentals with a small rental pool of only 8, offering potential for income growth.
  • Rare free-standing manager's residence with 3 bedrooms, 2 bathrooms, and 2-car accommodation plus an additional car space.
  • Includes a balcony, spacious courtyard, and a large, exclusive manager’s office on the title.
  • Situated in a quiet and beautiful environment.
  • Total asking price: $1,384,000 (including the large 3-bedroom house).

 

Looking for spacious living with a secure income?
Look no further—this is an opportunity you can’t afford to miss!

 

Net Profit: $127,111
Asking Price: $1,384,000
(Inclusive of Managers Real Estate)

 

For further information or to arrange an inspection of this business opportunity contact:

 

Management Rights Broker
Bill He

Price $1,384,000
Location Elanora
Property ID 9171

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