Multiplier 0.2 - The Lowest Ever Seen - ID 7829

$990,000

 

Mixed Management Rights for Sale
Huge Income Upside Potential

 

  • 0.2 Multiplier on the Gold Coast – amazing deal due to seller’s commitment to another business. Urgent Sale.
  • Impossible to find such a genuine bargain on the Gold Coast.
  • Purchase the property, with the additon of the business at a very low price with $97,000 net income per annum.
  • Stable Body Corporate salary of $45,245 + CPI increases annually.
  • High year-round booking rates and strong demand.
  • High net profit of $97,129.
  • Small rental pool of 5 units – 3 holiday and 2 permanent rentals, plus 6 managed by outside agents.
  • Huge potential to increase income by converting permanent rentals to holiday lets and expanding the rental pool.
  • 25-year agreement with 17 years remaining, offering long-term security.
  • Boutique, modern apartments featuring 2 bedrooms, 2 bathrooms, 1 secure car space, large living/dining area, modern kitchen, private balcony, and air-conditioning.
  • Professional office on title for easy onsite management.
  • Prime, convenient location – close to shops, tram stop, beach, restaurants, pharmacy, medical centre, and major shopping centre.
  • Total asking price: $990,000, including the modern 2-bedroom manager’s apartment at Mermaid Beach.

 

Buy a modern apartment and secure the business almost for free! Enjoy a peaceful, modern complex and a convenient, high-quality coastal lifestyle—all while earning easy, consistent income. Opportunities like this come around once in a decade. 

 

Net Profit: $97,129
Asking Price: $990,000
(Inclusive of Managers Real Estate) 

 

For further information or to arrange an inspection of this Management Rights business opportunity contact: 


Management Rights Broker
Bill He

 

Price $990,000
Location Mermaid Beach
Property ID 7829

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