Solid, Lifestyle, Permanent GEM in Bayside Brisbane
Permanent Management Rights for Sale in Manly West, QLD — $983.8k/4.8 times MR + $900k Unit
Key facts
- Price
- $983.8k/4.8 times MR + $900k Unit
- Location
- Manly West, QLD 4179
- Type
- Permanent Management Rights
- Net income
- $204,969 (actual)
- Caretaking remuneration
- $163,713
- Agreement term (years)
- 25
- Agreement remaining (years)
- 22
- Listed by
- NEXT International Realty Pty Ltd
- Listing ID
- 21188766
- Last updated
- 2026-10-19
Description
This is an outstanding opportunity to buy management rights centrally in Manly West on the ever-popular Brisbane Bayside. Located close to major arterial roads, trains and bus transport providing easy access to the Wynnum/Manly Esplanade/Cleveland, CBD and the Port of Brisbane, Airport and Gateway Motorway.<br />
<br />
The community is an immaculately presented residential community, located in a quiet spot just off Wondall Road, Manly West. Walking to Wondall Road Village and within footsteps of popular cafes, restaurants, public transport, and quality schools close by; Short riding to Manly Harbour, Wynnum Jetty.<br />
<br />
Net Income $204,969 for $983,850<br />
Manager Residence at $920,000<br />
Totally Asking $1,903,850<br />
<br />
• Centrally located in the Leafy suburb of Manly West, Brisbane Bayside<br />
• Solid Permanent MR with Net Income $204,969<br />
• Great manager remuneration $163,713 with annual adjustment of CPI every January<br />
• Well- presented complex 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 />
• Long agreement 22 years left on a 25 years accommodation module <br />
• Small letting pool (15 Lettings in total) to give you an undisturbed lifestyle<br />
• The turnover of tenants is very low, keeping inspections and paperwork to a minimum<br />
• Modern and fantastic manager residence<br />
Large lowset residence, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, single garage with additional driveaway parking and a large rear patio and entertaining backyard area<br />
• Well-presented on-title detached office<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 beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.
<br />
The community is an immaculately presented residential community, located in a quiet spot just off Wondall Road, Manly West. Walking to Wondall Road Village and within footsteps of popular cafes, restaurants, public transport, and quality schools close by; Short riding to Manly Harbour, Wynnum Jetty.<br />
<br />
Net Income $204,969 for $983,850<br />
Manager Residence at $920,000<br />
Totally Asking $1,903,850<br />
<br />
• Centrally located in the Leafy suburb of Manly West, Brisbane Bayside<br />
• Solid Permanent MR with Net Income $204,969<br />
• Great manager remuneration $163,713 with annual adjustment of CPI every January<br />
• Well- presented complex 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 />
• Long agreement 22 years left on a 25 years accommodation module <br />
• Small letting pool (15 Lettings in total) to give you an undisturbed lifestyle<br />
• The turnover of tenants is very low, keeping inspections and paperwork to a minimum<br />
• Modern and fantastic manager residence<br />
Large lowset residence, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, single garage with additional driveaway parking and a large rear patio and entertaining backyard area<br />
• Well-presented on-title detached office<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 beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.