$45K MR & $645k Unit = Total $690K

Step into the market with this appealing 17-unit management rights opportunity. The current owner has successfully managed this venture alongside a full-time job for many years. This low-maintenance property requires minimal effort—no pool, BBQ area, or extensive lawn care. Earn over $27K annually to cover your mortgage while enjoying the comfort of a two-bedroom, two-bathroom unit with secure underground parking for two cars.

Ideal for retirees, young couples, or singles.

With 12 years remaining on the contract, the Body Corporate salary increases annually by 3% or CPI, ensuring steady income growth. Nine units are available for letting to build a rent roll or focus solely on caretaking duties. The managers unit itself is spacious, featuring expansive wrap-around balconies that offer ample outdoor living space. Situated on one of Southport's charming streets, it's conveniently close to the "G", Woolworths, and dining options—making it easy to leave the car behind.

Currently, no license is required—just a strong work ethic. This opportunity demands no more effort than maintaining a large backyard. The option is also available to explore letting if desired.

- Net Profit: $27,287
- Business Price: $45,000 @ 1.64x multiplier
- Unit Price: $645,000
- Total Price: $690,000
- 12 years remaining on Accommodation module

** Ras360 Property Solutions – Specialists in Management Rights | Motels | Hotels | Pubs | Parks **