Permanent Residential Management Rights – Gold Coast
Management Rights
ActivePropertyB2C
Asking price
~$744,630
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue (est.)
~$497,814
Estimated · comparable listings of this type and size
Net Profit
$124,105
Implied multiple (assumed)
~6.0×
Assumed · comparable listings of this type and size · typically within ±20%
Brief
- Resort-style permanent residential management rights complex; currently operated by one person with a comfortable annual income
- Manager's unit: 2 bed with study room, approximately 130 sqm, big balcony and new flooring
- Spacious office and air conditioning to all bedrooms
- Secured complex with basement car parks and 4 cameras; competitive unit sizes in the letting pool
- Low workload of approximately 2 hours per day; no office hours; easy maintenance with contractors for building work
- Good potential to increase income through repairs/maintenance and growing the letting pool
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