Blue-Chip Management Rights Opportunity | 24-Year Agreement | Net Profit $362,000 | No Fixed Office Hours

Secure an exceptional, low-stress permanent-letting business offering long-term stability and high remuneration in the heart of Elanora. Servicing a beautifully maintained townhouse complex of over 100 homes (2- and 3-bedroom configurations), this blue-chip opportunity features 24 years remaining on the Accommodation Module agreement and a supportive, cooperative committee.

The complex is established on a standard format plan (owners maintain within lot boundaries), significantly reducing caretaker maintenance obligations. With no body corporate gate, no set office hours, no daily reporting, and no committee micromanagement, daily operations are predictable, efficient, and highly manageable.

Financial performance is backed by a robust letting pool of ~50 units and a high caretaking salary tied to annual CPI increases. Additional revenue upside exists through maintenance, inspections, and tenancy services. Offered for the first time in 11 years due to the current caretaker’s retirement, the business comes with outstanding goodwill, compliant systems, and a glowing community reputation.

Key Highlights:

• Net Profit: $362,000
• Long Security: 24 years remaining on Accommodation Module agreement.
• Streamlined Operations: No fixed onsite office hours, no complex reporting, low operational workload.
• Strong Income Base: High caretaking remuneration (with CPI increases) + 50% letting pool dominance.
• Supportive Environment: Excellent relationship with a cooperative committee.

Manager’s Residence （HOUSE） :

A rare dual-living, double-storey home on a 277 m² lot featuring stunning mountain views, cooling coastal breezes, and sunset views.

• 5 Bedrooms | 3 Bathrooms | 2 Kitchens | Multiple Living Areas | Generous Parking
• On-Title Office: Dedicated office space on title (no requirement to hold set open hours).

Location:

Minutes from world-renowned beaches, Currumbin Creek, Palm Beach, The Pines Shopping Centre, top local schools, and direct M1 access.

Price: Total Package: $1,900,000 (Management Rights + Manager’s Residence at Valuation)

DISCLAIMER
The agent gives notice that:
1. The figures and information disclosed in this Information Memorandum are provided by the vendor. All intending purchasers are to make their own enquiries and assessments as to the accuracy or otherwise of the information supplied by the vendor.
2. It must be noticed that agent has no access to full sets of accounts or legal documentation for verification purposes. No liability for the information will be accepted by the agent and parties should make their own investigations as to the accuracy of these figures and information.