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Address available on request Southport, QLD 4215

Address available on request,
Southport, QLD 4215

Hotel, Motel & Leisure

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Rare Southport Management Rights Opportunity - 3.14x Multiplier - ID 8538

  • Low Multiplier of Only 3.14
  • Pool Only, No Other Facilities
  • Spacious 3-Bedroom Apartment
Permanent Management Rights
Super Easy Duties with Flexible Hours

- Extremely low workload, only a pool to maintain, no other facilities, and minimal gardening; a truly simple and easy job.
- Come and compare, you’ll quickly see how this opportunity stands out for its simplicity and ease.
- No set office hours; continue your current lifestyle while earning additional income in your spare time, at your own pace.
- Stable Body Corporate salary of $62,701 + GST, with annual CPI increases.
- Net profit: $87,331 per annum.
- 25-year agreement in place, with more than 20 years remaining.
- Super low multiplier of only 3.14 in one of Southport’s most convenient and desirable suburbs.
- All permanent rentals, with 10 units in the letting pool and 10 managed by outside agents; significant income potential through expanding the rental roll and offering sales services.
- Spacious modern manager’s apartment featuring 3 bedrooms, 2 bathrooms, 2 secure car spaces, air conditioning, and a large balcony.
- Generous living space and a practical, on-title office included.
- Prime central location, close to everything Southport has to offer.
- Asking price: $1,100,000, including the spacious 3-bedroom manager’s residence.

This magnificent, easy-to-manage business, paired with a large manager’s residence in a premium location, is a rare find.
Miss it now, and you may regret it for decades.

Net Profit: $87,331
Asking Price: $1,100,000
(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: 1034

Southport, 4215 demographic data

The median household income for Southport is $1,268, 16% lower than Regional Queensland's household income of $1,507. Southport has a younger age profile compared to the rest of Regional Queensland (median age 37 vs 41). Property ownership data shows 44% of property owners in Southport have a mortgage.

36,786
Population
$1,268 per week
Median household income
37 years
Median age
Renters
Most residents
Families
Most households
04392889...
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Address available on request
Southport, QLD 4215
Management Rights Sales - QLD & NSW
170 Scarborough Street
SOUTHPORT, QLD 4215

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