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Undervalued Opportunity $67,900 Guaranteed Income, Prime Ground Floor Unit.
$70k MR$850k Unit = Total $920K
Permanent Management Rights, SOUTHPORT QLD
A rare caretaking-only management rights opportunity with minimal duties, no office hours, and a guaranteed $67,900 Body Corporate salary. Situated in the heart of Southport's Sundale precinct, this is an undervalued, blue-chip investment with a modern, spacious managers unit included.
Premium Managers Unit Ground-Floor Living in a Prime Location
Spacious 2-bedroom apartment with water view corridors and parkland outlook
Bright open plan living and dining extending to a patio & lawns
Master suite with built-in robes and a stunning renovated ensuite
Second bedroom with deep wardrobes, ceiling fans.
Updated kitchen with ample storage, perfect for entertaining
Secure parking with extra storage
Boutique Complex & Unbeatable Lifestyle
The only facilities are a swimming pool and BBQ/communal areas
Minimal Gardening
Full and friendly handover with hands-on training and advice.
Includes approx. $1,000 worth of tools & equipment.
Settled long-term residents.
Prime Southport location Walk to Woolworths, cafs, and essential amenities
Tram stop at your doorstep with direct access to Griffith University, Broadbeach, and Helensvale train to Brisbane CBD
This caretaking-only business means no office hours, minimal duties, and a reliable incomea truly rare find in this sought-after location.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $70k MR$850k Unit = Total $920K
- Net Income: $ 67,900
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
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?