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Profitable Management Rights with $128K Nett Income in a Bayside Gem!
$519k MR&$849k Unit = Total $1.368M
Permanent Management Rights, MANLY WEST QLD
Unique Management Rights Opportunity in Moreton Bay
Dont miss the chance to invest in one of Brisbanes most admired bayside complexes. Moreton Bay Breezes offers the perfect combination of financial security, a relaxed lifestyle, and prime location. With a guaranteed Body Corporate salary paid annually each August, this property ensures stable income and peace of mind.
Business Highlights
Consistent Earnings: Guaranteed Body Corporate salary provides financial reliability.
Letting Pool: Manage 14 units (13 within the complex and 1 in a neighboring complex).
Low-Maintenance Grounds: Spend just a few hours a week maintaining the landscaped gardens.
Amenities: A serene swimming pool area enhances the resident experience.
Managers Residence
This spacious three-bedroom villa is thoughtfully designed for modern comfort:
Updated Features: New benchtops and basins in the kitchen and bathrooms.
Generous Storage: Large pantry and plenty of kitchen storage.
Open Living: The living area flows seamlessly onto a covered patio, perfect for entertaining or relaxing.
Comfortable Bedrooms: Three carpeted rooms with built-in robes, two featuring air conditioning.
Flexible Spaces: The air-conditioned double garage can be used as a fourth bedroom, rumpus room, or playroom.
Functional Office: On-title office with internal access for convenience.
Prime Location
Located in a sought-after bayside community, Moreton Bay Breezes offers unparalleled access to key amenities:
Education: Close to private and state schools, including Moreton Bay Boys and Girls Colleges, with childcare facilities nearby.
Healthcare & Shopping: A medical center is just 180m away, with Woolworths and IGA less than 1km from the complex.
Transportation: A train station is 4km away, and bus stops are within walking distance.
Recreation: Enjoy proximity to sporting grounds and the Manly waterfront, just 10 minutes away, offering cafes, restaurants, and RQ Yacht Squadron headquarters.
Why This Opportunity Stands Out
Whether youre new to the Management Rights industry or transitioning from a larger complex, Moreton Bay Breezes offers a fantastic lifestyle and investment opportunity.
Contact Joint Exclusive Broker Robert Collins at 78 792 or to arrange an early inspection. Secure your place in this thriving bayside community today!
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $519k MR&$849k Unit = Total $1.368M
- Net Income: $ 128,345
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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