Proudly supported by all of the industry's leading brokers
Motivated Sale in Manly! Secure Bayside Income with Just a 3.8x Multiplier
Only 3.8x MR $386k + Unit $799k = Total $1.185M
Permanent Management Rights, MANLY QLD
Lifestyle Meets Smart Investment
This is a standout opportunity in beautiful Manly one of Brisbanes most liveable coastal suburbs. Whether youre downsizing, semi-retired, or a family looking for a second income near top schools, this high-performing management rights business ticks all the boxes.
With the sellers ready to retire, the price has been reduced for immediate action. At just a 3.9x multiplier and potential ROI over 11%, this is serious value in a premium location.
Business Snapshot
Net Profit: $101,725 p.a.
Additional Income Potential: Lease the managers residence for $750+ p/w (~$39K p.a.)
ROI: Over 11% including rental
Complex Size: 34 units (16 in letting pool)
Agreements: 13 years remaining on a 15-year Accommodation Module
Supportive Body Corporate: History of agreement top-ups confirms a cooperative and stable relationship
Managers Residence Dual-Purpose Value
Spacious two-storey family home 3 bedrooms, multiple living areas, and loads of natural light
Private backyard with plenty of room for boat or trailer storage
Choose to live in or rent out for extra income perfect flexibility for lifestyle or yield-focused buyers
Why Manly?
Bayside Living at its best leafy streets, fresh sea air, and unbeatable community charm
Boating & Fishing Friendly moments from the marina and Moreton Bay
Family Ready excellent schools, parks, and easy walk to Manly Village
City Access only 30 minutes to Brisbane CBD
A Rare Find That Wont Last
Low multiplier = outstanding value
Easily run by one person
Bonus income flexibility
Located in one of Brisbanes most in-demand coastal pockets
Sellers are ready to move act now and inspect
Enquire with Joel today on 0407 834 425 or request a full Information Memorandum.
RAS360 Your Specialists in Management Rights | Motels | Hotels | Pubs | Parks
A trusted name for accommodation business success.
More Information
- Total Purchase Price: Only 3.8x MR $386k + Unit $799k = Total $1.185M
- Net Income: $ 101,725
(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?