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Low 3.8x Multiplier in a Great Location
$365k MR&$690k Unit = $1.055M
Permanent Management Rights, CLEVELAND QLD
Management Rights For Sale Bayside Lifestyle Meets Steady Income
Lifestyle First
Enjoy the best of bay side Queensland in Cleveland the gateway to stunning North Stradbroke Island and home to Raby Bay Marina, vibrant cafs, weekend markets, and family-friendly parks. Every day feels like a holiday while still being just 30 minutes from Brisbane.
Solid & Steady Income
Business: $365,000 at low low multiplier of 3.84
Managers Unit: $690,000
Total Value: $1.055 million
Net Profit: $95,051 p.a. | ROI: 9.01%
24-year agreement with Body Corporate
A strong history of top-ups by a supportive committee
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current owners do not sell
ADD REAL ESTATE SALES
7 Sales in complex in last 12 months
Average Price $710,000
Potential Commission $100k plus
Start your real estate career!!!
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Easy to Manage, Community-Centric
This well-kept complex offers a relaxed management structureperfect for those easing into retirement or seeking lifestyle flexibility. Supportive residents and a proactive body corporate (with a history of top-ups) mean low stress and long-term stability.
Growing, Family-Friendly Location
Cleveland is thriving, with a new Industry School opening in 2026 and strong government investment in education and infrastructure. Add in major residential developments nearby, and demand for quality rentals is only set to grow.
Whats Inside:
Comfortable on-site single level Managers Unit
(do not need to reside onsite, can be rented out for approx. $600/week)
42 Town house complex
Letting pool of 9 units onsite + 2 external
Resort style Pool & BBQ area for residents
Great Body Corporate with proven MR support
Walking distance to Cleveland Central & local shopping precincts
Why Youll Love It:
Cleveland Central offers the perfect mix of business security and bay side lifestyle. With supportive owners, a stable letting pool, and a low-maintenance workload, this is a management rights opportunity that truly delivers freedom and income.
Enquire now to secure your place in one of Brisbanes most desirable bay side communities.
** Ras360 Property Solutions Specialists in Management Rights | Motels | Hotels | Pubs | Parks **
More Information
- Total Purchase Price: $365k MR&$690k Unit = $1.055M
- Net Income: $ 95,051
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 690,000
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?