BAYSIDE’S BEST BUY – LARGE LOWSET HOME & BUSINESS OFFERED AT 2X MULTPLIER | Resort Brokers ID : MR008964
Permanent Management Rights for Sale in Ormiston, QLD — $1,180,000
Key facts
- Price
- $1,180,000
- Location
- Ormiston, QLD 4160
- Type
- Permanent Management Rights
- Net income
- $138,191 (actual)
- Caretaking remuneration
- $137,883
- Units in letting pool
- 6
- Total units in complex
- 62
- Agreement term (years)
- 10
- Agreement remaining (years)
- 10
- Office hours
- No set office hours
- Bedrooms
- 3
- Bathrooms
- 2
- Car spaces
- 2
- Listed by
- Resort Brokers
- Listing ID
- 21169682
- Last updated
- 2026-11-06
Description
ResortBrokers is proud to present this well-established management rights opportunity in Ormiston. The sellers’ circumstances have changed, creating a genuine opportunity to secure a high-quality business and residence that is keenly priced at a level to attract immediate interest from qualified buyers.<br />
<br />
The business is underpinned by a strong body corporate salary exceeding $137,000, accounting for approximately 95% of total income, and is being offered at an attractive 2x multiplier representing incredible value.<br />
<br />
The caretaking and letting agreements have recently been fully topped up to the full 10-year standard module term, providing long-term security and confidence for an incoming operator.<br />
Included is a rare, low-set, freestanding three-bedroom manager’s residence with office, offered at $900,000. By comparison, the median house price in Ormiston is approximately $1,340,000 (source: realestate.com.au) highlighting the value on offer for a comparable freestanding home in this tightly held bayside suburb.<br />
<br />
With a manageable workload, supportive committee, and excellent top-up history, this opportunity will appeal to both first-time buyers and experienced operators seeking a secure income stream, a quality family home, and a relaxed bayside lifestyle.<br />
<br />
The price has been reset and is firmly positioned to attract immediate interest. Don't miss this exceptional opportunity. <br />
<br />
Contact Jeff to arrange your inspection today!<br />
Manager’s residence $900,000<br />
Business $280,000 (2x multiplier).<br />
Total price $1,180,000. Price is firm.<br />
<br />
<br />
<br />
- Rare low-set, freestanding 3-bedroom manager’s residence with office<br />
- Body corporate salary exceeding $137,000, representing around 95% of income<br />
- Fully topped-up 10-year caretaking and letting agreements<br />
- Offered at an attractive 2x multiplier<br />
- Supportive committee with strong historical top-up record<br />
- Easily run business with only 6 units in the letting pool with room to grow<br />
- Resort-style grounds with central swimming pool, water feature and landscaped gardens<br />
- Only three minutes to Ormiston train station<br />
- 1km to Ormiston College, 2km to Cleveland and Raby Bay<br />
- Bayside lifestyle with easy city access, 5 minutes to Stradbroke island ferry<br />
- Inspections by appointment only<br />
<br />
Contact Jeff today to make an inspection Date updated: 06 Nov 2026 23:00:02
<br />
The business is underpinned by a strong body corporate salary exceeding $137,000, accounting for approximately 95% of total income, and is being offered at an attractive 2x multiplier representing incredible value.<br />
<br />
The caretaking and letting agreements have recently been fully topped up to the full 10-year standard module term, providing long-term security and confidence for an incoming operator.<br />
Included is a rare, low-set, freestanding three-bedroom manager’s residence with office, offered at $900,000. By comparison, the median house price in Ormiston is approximately $1,340,000 (source: realestate.com.au) highlighting the value on offer for a comparable freestanding home in this tightly held bayside suburb.<br />
<br />
With a manageable workload, supportive committee, and excellent top-up history, this opportunity will appeal to both first-time buyers and experienced operators seeking a secure income stream, a quality family home, and a relaxed bayside lifestyle.<br />
<br />
The price has been reset and is firmly positioned to attract immediate interest. Don't miss this exceptional opportunity. <br />
<br />
Contact Jeff to arrange your inspection today!<br />
Manager’s residence $900,000<br />
Business $280,000 (2x multiplier).<br />
Total price $1,180,000. Price is firm.<br />
<br />
<br />
<br />
- Rare low-set, freestanding 3-bedroom manager’s residence with office<br />
- Body corporate salary exceeding $137,000, representing around 95% of income<br />
- Fully topped-up 10-year caretaking and letting agreements<br />
- Offered at an attractive 2x multiplier<br />
- Supportive committee with strong historical top-up record<br />
- Easily run business with only 6 units in the letting pool with room to grow<br />
- Resort-style grounds with central swimming pool, water feature and landscaped gardens<br />
- Only three minutes to Ormiston train station<br />
- 1km to Ormiston College, 2km to Cleveland and Raby Bay<br />
- Bayside lifestyle with easy city access, 5 minutes to Stradbroke island ferry<br />
- Inspections by appointment only<br />
<br />
Contact Jeff today to make an inspection Date updated: 06 Nov 2026 23:00:02