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Management Rights business for sale in Southport

  • Management Rights
  • Southport QLD 4215
  • $45K MR & $645k Unit = Total $690K

Manage your way to relaxation with this 17-unit gem where minimal effort meets maximum reward!

Step into the market with this appealing 17-unit management rights opportunity. The current owner has successfully managed this venture alongside a full-time job for many years. This low-maintenance property requires minimal effortno pool, BBQ area, or extensive lawn care. Earn over $27K annually to cover your mortgage while enjoying the comfort of a two-bedroom, two-bathroom unit with secure underground parking for two cars.

Ideal for retirees, young couples, or singles.

With 12 years remaining on the contract, the Body Corporate salary increases annually by 3% or CPI, ensuring steady income growth. Nine units are available for letting to build a rent roll or focus solely on caretaking duties. The managers unit itself is spacious, featuring expansive wrap-around balconies that offer ample outdoor living space. Situated on one of Southport's charming streets, it's conveniently close to the "G", Woolworths, and dining optionsmaking it easy to leave the car behind.

Currently, no license is requiredjust a strong work ethic. This opportunity demands no more effort than maintaining a large backyard. The option is also available to explore letting if desired.

- Net Profit: $27,287
- Business Price: $45,000 @ 1.64x multiplier
- Unit Price: $645,000
- Total Price: $690,000
- 12 years remaining on Accommodation module

** Ras360 Property Solutions Specialists in Management Rights | Motels | Hotels | Pubs | Parks **

RAS360 PROPERTY SOLUTIONS
RAS360 PROPERTY SOLUTIONS
Southport Central Tower 3 Unit 31109,Level 11/ 9 Lawson St
Southport, QLD 4215
Kerrie Lush
Kerrie Lush
0416 084 693

Business Highlights

Business ID2018508061
Floor AreaAsk Business Broker
Category
Last updated  16 Jul 2024
Map for Southport QLD 4215
Map for Southport QLD 4215Southport QLD 4215
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RAS360 PROPERTY SOLUTIONS
RAS360 PROPERTY SOLUTIONS
Southport Central Tower 3 Unit 31109,Level 11/ 9 Lawson St
Southport, QLD 4215
Kerrie Lush
Kerrie Lush
0416 084 693

Business Highlights

Business ID2018508061
Floor AreaAsk Business Broker
Category
Last updated  16 Jul 2024

Listed by

Kerrie Lush
Kerrie Lush
RAS360 PROPERTY SOLUTIONS
Call
0416 084 693

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