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Profitable Business-Only Management Rights in Sunshine Coast health precinct | Resort Brokers ID : MRB008628
$1,875,000
Permanent Management Rights, Birtinya QLD
ResortBrokers presents an outstanding management rights opportunity in Birtinya. This permanent residential complex comprises 100 apartments, with 57 in the letting pool, ensuring a stable and consistent income stream. With no real estate purchase required, capital outlay is significantly reduced. Secured by brand-new 25-year accommodation agreements, the business offers long-term stability. Generating a net profit of $356,527 and delivering an 18.4% ROI, this opportunity presents strong financial returns. Ideally located near the Sunshine Coast University Hospital, the complex is purpose-designed for rental accommodation, making it a lucrative prospect for a hands-on management team seeking strong returns and future growth potential.
- No real estate purchase required, ensuring lower capital outlay and higher returns
- Flexible work arrangement with no set office hours to be contactable Monday to Friday 9-5 only
- Secure brand new 25-year accommodation module agreements prove stability
- Strong bodies corporate salary with annual CPI increases for financial growth
- Located in a high-demand health precinct area with strong occupancy rates
- Streamlined operations with potential for further efficiencies
- Opportunity to increase revenue by converting outside agent's units back into the pool
- Comprises 100 apartments, with 57 in the letting pool, designed specifically for rental
- Inspections are by appointment only
Date updated: 25 Feb 2025 16:25:54
More Information
- Total Purchase Price: $1,875,000
- Net Income: $ 356,527
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours