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Price Reduction| Exceptional Value at Just 3.9x Multiplier!
$386k MR + Unit $799k = Total $1.185M
Permanent Management Rights, MANLY QLD
Prime Management Rights Opportunity in Coastal Manly, QLD
Manly, QLD A Coastal Gem Offering Lifestyle & Income
This is the perfect opportunity for those looking to transition into retirement or families seeking additional income while living in a spacious home near top local schools. With motivated sellers eager to fully retire, this is your chance to secure a high-yielding, easily managed business in one of Brisbanes most sought-after bayside locations.
Business & Financials
Net Profit: $98,500 p.a.
Additional Income: Potential to lease the managers residence for over $750 weekly, equating to an extra $39,000 annually
ROI: Over 11% (with extra rental income)
Complex Size: 34 units (16 in letting pool)
Agreements: 13 years remaining on a 15-year accommodation module
Proven Body Corporate Support: History of Top Ups showing strong Body Corporate relationships
Managers Residence Live In or Lease Out
Spacious Family Home Ideal for those seeking a coastal lifestyle or an investment opportunity
Flexible Options Live onsite or lease the home for additional rental income
Plenty of Storage Space for a boat, perfect for fishing and island trips
Prime Location Why Manly?
Vibrant Bayside Lifestyle Waterfront markets, scenic esplanade walks, and a strong community atmosphere
Boating & Fishing Paradise Easy access to Moreton Bay and surrounding islands
Great Schools Nearby Ideal for families with access to highly regarded local schools
Only 30 Mins to Brisbane CBD Enjoy a relaxed coastal setting without sacrificing city convenience
Why This Is a Standout Opportunity
Easily Managed by One Person Low-maintenance operation with a supportive Body Corporate
Exceptional Lifestyle & Income Work-life balance with solid financial returns
Motivated Sellers Act Now! Priced to sell with huge value at just 3.9x multiplier
A rare chance to secure a profitable, lifestyle-focused management rights business in one of Brisbanes premier coastal suburbs.
Contact us today for more information or to arrange a viewing!
RAS360 Your Trusted Management Rights Specialists
More Information
- Total Purchase Price: $386k MR + Unit $799k = Total $1.185M
- Net Income: $ 98,500
(projected)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 799,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?