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Only 3.5x and No Need to live Onsite
MR $351k plus Unit $799k, Total $1.150M
Permanent Management Rights, MANLY QLD
Manly Management Rights Lifestyle Meets Smart Investment
Premium Bayside Location | Over 11% ROI | Motivated Sellers
Business Overview
Net Profit: $100,100 p.a.
Business Price: $351,000 (3.5 multiplier)
Managers Residence: $799,000 (Owner-occupy or rent out for $750+ per week)
Total Investment: $1,150,000
ROI: Over 11% including rental income
Agreement Type: Accommodation Module 13 years remaining (current owners topped up in 2022, but opportunity for new owner to pursue further Top-Ups to full 25 years)
Get Instant equity with a recent sale of $885k for smaller unit in the complex
Business Snapshot
Complex Size: 34 units
Letting Pool: 16 units
Body Corporate: Proactive and supportive, with a track record of agreement top-ups
Operations: Easily managed by a solo operator or couple
Managers Residence Dual-Purpose Flexibility
Spacious two-storey layout with 3 bedrooms and multiple living areas
Abundant natural light and versatile living zones
Private backyard with room for a trailer, boat, or additional storage
Option to lease out for extra income or live in and enjoy the lifestyle
Why Manly?
Located in one of Brisbanes most liveable coastal suburbs
Walk to the marina, waterfront parks, and bustling Manly Village
Family-friendly area with top-rated schools and community amenities
Only 30 minutes to Brisbane CBD ideal for commuters
Strong rental demand and high owner-occupier appeal
Key Highlights
Low Multiplier: Exceptional value with 3.9 earnings
High Yield: Over 11% ROI (with additional rental income)
Flexible Setup: Live in or lease the managers unit
Sought-After Suburb: Rare opportunity in bay side Brisbane
Seller Motivation: Priced for a quick sale ready to retire
Contact Joel McCartin for your Information Memorandum or to book a private inspection:
| 0407 834 425
RAS360 Management Rights | Motels | Hotels | Pubs | Parks
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More Information
- Total Purchase Price: MR $351k plus Unit $799k, Total $1.150M
- Net Income: $ 100,100
(actual)
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?