Property in Elanora QLD 4221

Located in the vibrant heart of Elanora, this rare management rights opportunity combines a secure, long-term income stream with an attractive dual-living residence. The offered permanent-letting business operates within a well-maintained townhouse complex with more than 100 homes, primarily 2- and 3-bedroom configurations, providing a robust letting pool of around 50 units that ensures steady financial performance.

The property features a significant 24 years remaining on the Accommodation Module agreement, delivering long-standing security for the operator. With an efficient operational setup that excludes fixed office hours and complex reporting, the business offers a manageable workload and a high caretaking salary annually indexed to CPI increases. These streamlined conditions, coupled with a cooperative committee and a lack of body corporate gate, simplify day-to-day management and alleviate typical caretaker duties.

The manager’s residence is a substantial double-storey townhouse set on a 277 sqm lot, offering panoramic mountain and coastal views along with refreshing breezes and picturesque sunsets. This spacious home includes five bedrooms, three bathrooms, two kitchens, multiple living areas, and generous parking facilities — ideal for dual living arrangements or accommodating family and guests comfortably. Additionally, the property title includes a dedicated office space, further enhancing the live-work convenience without the constraints of set office hours.

Positioned mere minutes from renowned beaches, Currumbin Creek, Palm Beach, and convenient shopping precincts like The Pines, as well as top-rated local schools and direct access to the M1 motorway, the location supports an appealing lifestyle and superior accessibility.

• Net Profit: $362,000, reflecting a strong business performance.
• Operational Ease: No set office hours and minimal reporting requirements reduce daily management pressure.
• Secure Agreement: 24 years remaining on a robust Accommodation Module agreement.
• Income Diversity: High caretaking remuneration plus income from maintenance, inspections, and tenancy services.
• Community and Reputation: Supported by a cooperative committee and excellent goodwill built over 11 years.

This package is well-suited for seasoned investors or operators seeking a sound, low-stress management rights business that pairs a sustainable income with a desirable on-site residence. The offer represents a unique opportunity to acquire both a thriving business and a quality home in one of Queensland’s sought-after coastal communities.