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Beach Palms Management Rights - Stress-Free, High-Yield Investment Opportunity on the Gold Coast!
$725k MR + $950k Unit = Total $1.675M
Permanent Management Rights, PALM BEACH QLD
Embrace an unparalleled investment opportunity with Beach Palms on the Gold Coast Highway, where minimal duties meet substantial income. This prime management rights offer boasts a solid Body Corporate salary of $67,000 and an impressive net profit of $162,026, making it an ideal option for both experienced operators and those seeking an entry-level opportunity with low stress.
At Beach Palms, enjoy a truly maintenance-light experience. Theres no pool to maintain, no bins or bin chutes required, as the council handles all waste collection, and residents take care of their own disposal. No office hours means youre free to manage your time flexibly, and theres no gardening involved. The Body Corporate even covers pool costs, further reducing your responsibilities.
This mixed-use complex includes 28 units, with 17 in the letting pool (9 permanent and 8 short-term), providing consistent income. The manager's spacious 2-bedroom, 2-bathroom unit with two car spaces is offered at $950,000, alongside the management rights at $725,000, for a total price of $1,675,000. With 20 years left on the agreement, Beach Palms is the ideal choice for those seeking a high-yield, low-stress lifestyle investment.
More Information
- Total Purchase Price: $725k MR + $950k Unit = Total $1.675M
- Net Income: $ 162,026
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 950,000
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
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?