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LABRADOR, QLD
1.83x MLR Bargain - Under $700K with No Office Hours or Live-Onsite
Labrador, QLD, 4215
Services · Management Rights
Insane 1.83X @ $100k MR + $598k Unit = Total $698k
1.83x MLR Bargain Under $700K with No Office Hours or Live-OnsiteThis is one of the best-value entries into the Gold Coast MLR market - priced at just $698,000 with a 1.83x net profit multiple, zero office hours, and no live-on-site requirement. Set in popular Labrador, this tidy complex is just 100m from the Broadwater and delivers a reliable $54,748 net profit p.a., supported by a $100K business component and a well-kept 2-bed, 1-bath, 1-car managers unit valued at $598K.Perfect for part-time operators, semi-retirees, or investors looking to outsource, this management rights package offers complete flexibility under a 20-year accommodation module. The 6-unit letting pool provides stable recurring income, while 10 additional units are managed externally ready for you to convert and increase revenue immediately.Residents enjoy access to resort-style facilities including a sparkling pool and BBQ deck, all with minimal upkeep. The gardens are low maintenance, and the lock-up garage adds further ease for the manager.Location HighlightsJust steps from the Broadwaters walking trails, parks, and fishing spots, this location is a lifestyle drawcard. Harbourtown, Australia Fair, and local cafs are minutes away. Quality schools and universities are nearby, and public transport links you directly to Southport, Surfers Paradise, and the motorway.Why This Is a Smart BuyWith a low 1.83x multiple, no live-on-site or office hour requirements, and 10 external units ready to convert, this is a flexible, high-potential opportunity. The long 20-year agreement and under-$700K price point make it ideal for investors or semi-retirees seeking stable income with room to grow.**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
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