Highland Park QLD 4211

ResortBrokers presents an excellent management rights opportunity in Highland Park with the Panorama Palms townhouse complex. This permanent management rights business includes 53 lots, 15 in the letting pool, and a secure 20-year Accommodation Module agreement.

Generating a strong net profit, the business opportunity offers an attractive 11.5% return on investment for a $1,150,000 purchase.

The manager's residence is a three-bedroom townhouse, with no requirement to live onsite, making it rentable for additional income. With straightforward caretaking duties and a supportive body corporate, this opportunity is ideal for semi-retired couples or operators expanding their portfolio.

- Ideal townhouse management rights for first time buyers
- Prime location near schools, shops, and sports fields
- Well-maintained 3-bedroom residence with office
- Sustainable letting pool generating over $30,000
- Flexible hours with no set schedule 
- 20 years remaining on Accommodation Module
- Body Corporate Salary is 70% of net operating profit
- Attractive 11.4% ROI on $1,150,000 including manager's residence
- Inspections by appointment only