Management Rights - 181-Home Complex, Nerang QLD
Management Rights
ActivePropertyQueenslandB2C
Asking price
$3,200,000
Disclosed · AUD
Revenue
$350,000
TTM
Earnings (est.)
~$87,255
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~36.7×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Near-new permanent complex of 181 freestanding homes in Nerang on the Gold Coast
- Body corporate salary with 23 years remaining on the accommodation module
- Over 50 outside agency appointments available, representing additional letting income upside
- Brand-new community recreational centre with pool, gym, meeting rooms and barbecue facilities
- Manager's residence: 3-bedroom, 2-bathroom, 2-car garage on-title with office and storage
- lawn maintenance and recreational centre supervision
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