Business 1 - This 28-unit boutique complex has 15 units currently in the letting pool and a solid Body Corporate salary underpinned by 25-year agreements that commenced in April 2018. Located in Maroochydore

Business 2 - Opened in 2015 and is still owned and operated by the original developers, there is still 22 years remaining on the current agreements and there no fixed hours in the agreements allowing maximum flexibility. Located in Little Mountain.

With no unit to buy in either or no requirement to live onsite and no fixed office hours, these businesses would make a great add on to an existing management rights or simply provide a strong income stream to a locally based operator

Key Features

  • Strong rental areas
  • Near new buildings
  • Long agreements
  • Idea add on or for first timer
  • Low maintenance grounds

NB: Property inspections are by appointment only

Key Details

Listing Ref: MRB005651
Property Type: Management Rights
Region: QLD - Sunshine Coast
Suburb: Little Mountain
Sale Type: Management Rights - Business only
Net Profit: $219,757
Price: $1,031,340

Listing Agent(s)

Agent Feedback

We recently sold our management rights business “La Mer Apartments” in Sunshine Beach. After purchasing the business eight years ago through Glenn Millar from Resort Brokers we had no hesitation in contacting him again to get the sale process underway, once we had made a decision to move on. The sale of our complex was quick and easy, and Glenn handled the process in a very thorough and professional way. Glenn has extensive knowledge of the management rights industry, and I would definitely recommend him to anyone contemplating buying or selling.

- Michael & Lesley Minns
Vendor,
La Mer Apartments

Thanks for all your help this year Glenn, very excited about the potential of our new acquisition. Regards to all your family and workmates.

- Jenni and Rob
Buyer,
Pandanus Mooloolaba

First and foremost, thank you and Tyler for putting together the opportunity to sell Proximity. Your attention to detail and interaction with ourselves and the purchasers, our solicitor and their solicitor made the whole sales process smooth and achievable in what was a compressed timeframe towards the end. This is not the first time we have sold Management Rights with Resort Brokers and we would have no hesitation in recommending your services to others wishing to sell. After our short break we will be seriously looking to our next venture and look forward to any opportunity that you may have for us.

- Barry & Lorraine Andrews
Ex - On Site Mangers ,
Proximity Waterfront Apartments