Well-priced for Sale, Large Remuneration, Solid Permanent MR in Brisbane Bayside

Permanent Management Rights for Sale in Cleveland, QLD — $1.11mil/MR Bus and $680k/MU

Well-priced for Sale, Large Remuneration, Solid Permanent MR in Brisbane Bayside

Key facts

Price
$1.11mil/MR Bus and $680k/MU
Location
Cleveland, QLD 4163
Type
Permanent Management Rights
Net income
$234,022 (actual)
Caretaking remuneration
$196,780
Units in letting pool
20
Office hours
None
Bedrooms
3
Bathrooms
2
Car spaces
2
Listed by
NEXT International Realty Pty Ltd
Listing ID
21164380
Last updated
2026-06-01

Description

This is an outstanding opportunity to buy management rights in the ever-popular Brisbane Bayside. Nestled in a prime quiet location, only walking distance to Shopping Centres, easy access to Moreton Bay, public transport, close to schools, parks. <br/><br/>- Asking $1,109,900 on MR Business with a Net Profit of $234,022<br/>- Manager Residence at $680,000<br/>- Two MRs in One for Sale, with a distance of 8.5km, just 10mins riding, very handy<br/>- Centrally located in the Leafy suburbs of Cleveland and Capalaba, Brisbane Bayside<br/>- Well- presented complexes provides the perfect environment to relax in <br/>- Very well-run business, all procedures documented <br/>- Body Corporate very fantastic and supportive to work with<br/>- Large manager remuneration $196.780 with annual adjustment of CPI<br/>- The turnover of tenants is very low, keeping inspections and paperwork to a minimum<br/>- Modern and fantastic manager residence<br/>Large two-storey townhouse, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms and a large rear patio and entertaining backyard area<br/>- Large office, no office hour<br/>- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle<br/><br/>If you want to buy a solid management right business and great lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team, Exclusive Agency.

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