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DealProspect/Listings/Property

Management Rights – 75-Unit Complex, Merrimac

Management Rights

ActivePropertyQueenslandB2C
Asking price
N/A
Disclosed · AUD
Revenue
EBITDA
Implied multiple
Brief
  • Well-run management rights opportunity after 19 years under current sellers who are retiring
  • 75 units in the complex with 29 in the rental pool; mix of 2-bedroom villas and 3-bedroom townhouses
  • Generous body corporate salary per annum; long agreements, attached office on title, no set hours
  • Facilities include swimming pool, full-size tennis court and BBQ area
  • Great location close to M1 motorway, 10 minutes to Robina and Broadbeach