Skip to main content
DealProspect/Listings/Property

Management Rights - 181-Home Complex, Nerang QLD

Management Rights

ActivePropertyQueenslandB2C
Asking price
$3,200,000
Disclosed · AUD
Revenue
$350,000
TTM
Earnings (est.)
~$81,795
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~39.1×
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

Management rights businesses in Queensland

All 117
Listed
117
+9 in 30 days
Median asking
$1.8M
100 priced
Earnings multiple
6.5×
85 listings
Price drops
4
in 30 days
Asking price spread100 of 117 state a price
This listing · $3.2M
13%
43%
35%
1%
$100K–$250KOver $5M

Australia 140 · New South Wales 9 · Victoria 8

Cafes 259 · Takeaways 156 · General retail businesses 142 · Restaurants 115 · Automotive workshops 91 · Building and construction businesses 72