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Strong Income & Low-Maintenance Duties - Permanent Letting

Kings Row Centre in Paradise Waters presents a secure permanent letting management rights opportunity with a $194,171 net profit and a straightforward, manageable operation.

Kings Row Centre in Paradise Waters presents a secure permanent letting management rights opportunity with a $194,171 net profit and a straightforward, manageable operation. The 64-lot complex includes a 15-unit letting pool supported by an attractive body corporate salary. There is also scope to grow the letting pool, with just three outside agents currently managing units within the complex. The business offers simple, low-maintenance caretaking duties with office hours from 8.30am to 4.00pm, making it an appealing option for a first-time operator or experienced purchaser looking for a business that offers a genuine lifestyle balance. Included in the sale is a modern two-bedroom, two-bathroom manager’s residence, complete with a dedicated office and one car space. Residents also enjoy a swimming pool, spa and barbecue area. Positioned in central Paradise Waters, the property is within easy reach of the Gold Coast’s major amenities, employment precincts and established rental markets in a sought-after waterfront suburb.

Net profit
$194K
Asking price
$2.1M
Management Rights - All

The business at a glance.

  • $194,171 Net Profit – strong income from a manageable permanent letting business
  • 15-Unit Letting Pool – established permanent letting base within 64 lots
  • Strong Body Corporate Salary
  • Low-Maintenance Duties – straightforward operation
  • Quality Two-Bedroom Residence – includes office, one car space and storage
  • Fantastic Gold Coast Location – central Paradise Waters position close to key amenities
  • First-Time Operator Friendly – simple permanent letting model with manageable responsibilities
  • Inspection by appointment only
Strong Income & Low-Maintenance Duties - Permanent Letting

Paradise Waters, QLD

Paradise Waters, QLD

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Clint Amos

Clint Amos

Specialist Accommodation Broker, Northern Gold Coast

0482 061 261
07 3878 3999

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Same model our brokers use to appraise. Adjust net profit, multiplier, real estate component. The result is indicative — independent appraisal available on request.

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Indicative total$2,097,047

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