Contact Agent For Address, Cornubia, QLD 4130 | Commercial for sale | OnTheHouse
FOR SALE
$1,090,000

Contact Agent For Address
Cornubia QLD 4130

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3.2 MULTIPLIER - SOLID BUSINESS - GREAT LIVING ENVIRONMENT

On offer is a high-quality residential townhouse Management Rights business located in the growing suburb of Cornubia. Approximately 40 minutes' drive from both Brisbane and the Gold Coast.
This is a straightforward operation with manageable duties, providing the opportunity to live and work within a safe, secure and very pleasant environment with superb recreational facilities.
Of huge benefit to the onsite manager of this business, is there are no caretaking responsibilities for the extensive recreational facilities and open spaces available to residents within the grounds of the greater estate.
Representing a separate community management scheme within a larger estate, the lot owners contribute levies for maintenance of the entire estate allowing residents to freely enjoy a swimming pool, BBQ areas, function room, tennis courts, playground and parkland. Enticingly, the complex also borders a magnificent 18-hole golf course.
Secure living and peace of mind for residents is provided by a 24-hour staffed security service throughout the estate.
The manager's home is a 3-bedroom, 2.5 bathroom, single garage townhouse with office attached. Bedrooms and living area have recently had new air-conditioning and fans installed.
The business is supported by a rock-solid Body Corporate salary of $110,925. This income represents a significant proportion of Net Profit. There are no set operating hours for the business or office.
Seller is genuinely motivated to move onto new opportunities and has priced the business at a 3.2 multiplier. Whilst the manager's home is competitively priced considering recent sales in the complex. Serious offers will be considered.

Property Details for Contact Agent For Address, Cornubia

Building Type
Commercial
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About Cornubia 4130

The size of Cornubia is approximately 14.9 square kilometres. There are 17 parks, covering nearly 21.9% of the total area. The population of Cornubia in 2016 was 7317 people. By 2021 the population was 7810 showing a population growth of 6.7% in the area during that time. The predominant age group in Cornubia is 10-19 years. Households in Cornubia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cornubia work in a professional occupation.In 2021, 85.30% of the homes in Cornubia were owner-occupied compared with 83.80% in 2016.

Cornubia has 3,011 properties. Over the last 5 years, Houses in Cornubia have seen a 80.83% increase in median value, while Units have seen a 145.05% increase. As at 31 July 2026:

  • The median value for Houses in Cornubia is $1,286,924 while the median value for Units is $790,062.
  • Houses have a median rent of $795 while Units have a median rent of $650.
There are currently 24 properties listed for sale, and 2 properties listed for rent in Cornubia on OnTheHouse. According to Cotality's data, 114 properties were sold in the past 12 months in Cornubia.

Suburb Insights for Cornubia 4130

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.