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Address available on request Elanora, QLD 4221

Address available on request,
Elanora, QLD 4221

Hotel, Motel & Leisure

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Low 3.81 Multiplier & Strong Stable Income - ID 9171

  • Stable income, high salary percentage
  • Spacious free-standing residence
  • Easy caretaking, flexible hours
Spacious Free-Standing House
Permanent Management Rights for Sale

- Low multiplier of only 3.81 for a Permanent Management Rights business on the Gold Coast.

- Strong net profit of $127,111, supported by a high Body Corporate Salary of $113,989 plus GST, which makes up 84% of total income, with CPI increases annually.

- No set office hours and easy caretaking duties, offering flexible, reduced hours.

- Ideal for someone seeking a second income at their own pace or in their spare time.

- Long 20-year agreement with 16 years remaining.

- All permanent rentals with a small rental pool of only 8, offering potential for income growth.

- Rare free-standing manager's residence with 3 bedrooms, 2 bathrooms, and 2-car accommodation plus an additional car space.

- Includes a balcony, spacious courtyard, and a large, exclusive manager’s office on the title.

- Situated in a quiet and beautiful environment.

- Total asking price: $1,384,000 (including the large 3-bedroom house).

Looking for spacious living with a secure income?
Look no further—this is an opportunity you can’t afford to miss!

Net Profit: $127,111
Asking Price: $1,384,000
(Inclusive of Managers Real Estate)

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

Management Rights Broker
Bill He

Property Code: 920

Elanora, 4221 demographic data

The median household income for Elanora is $1,744, 16% higher than Regional Queensland's household income of $1,507. Elanora has an older age profile compared to the rest of Regional Queensland (median age 42 vs 41). Property ownership data shows 52% of property owners in Elanora have a mortgage.

12,539
Population
$1,744 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
04392889...
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Address available on request
Elanora, QLD 4221
Management Rights Sales - QLD & NSW
170 Scarborough Street
SOUTHPORT, QLD 4215

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