Proudly supported by all of the industry's leading brokers
Rent Roll on the GC for sale
$33,620 - Letting/Rent Roll Only
Permanent Management Rights, COOMBABAH QLD
This tightly held rent roll, featuring 6 letting appointments within a single building and generating gross commissions of $11,207 annually, offers a unique opportunity to tap into the thriving Gold Coast rental market. With most tenants being very long-term, this portfolio ensures stability and minimal turnover.
The Gold Coast rental market is one of Australias strongest, driven by a combination of high demand and limited supply. With its stunning coastline, booming infrastructure, and vibrant lifestyle, the region continues to attract a diverse tenant base, from professionals and families to retirees and interstate migrants. Consistently low vacancy rates and rising rental yields make it an attractive area for property management businesses looking for reliable income streams and growth potential.
This portfolios unique positioning in a single building adds efficiency to operations, reducing travel time and allowing for streamlined management. The current owner seeks to sell due to other business interests, making this a genuine sale. Priced competitively for a quick settlement, the owner is also offering a retention period and restraint of trade to ensure a smooth transition.
For buyers looking to capitalise on the strong rental market and secure a stable, well-maintained portfolio, this is a compelling opportunity.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $33,620 - Letting/Rent Roll Only
- Net Income: $ 11,217
(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