Premium Management Rights Opportunityâ Coastal Brisbane

$1.042M MR&$900k Unit = Total $2.042M

Permanent Management Rights, REDLAND BAY QLD

This is a rare chance to acquire a high-performing, permanent management rights business together with an exceptional managers residence in one of Brisbanes most sought-after coastal suburbs.

The business is underpinned by long-term agreements and a stable mix of stand-alone three-bedroom, two-bathroom homes, which are highly desirable to families and tenants alike. Located in a high-demand rental area, the complex enjoys consistent occupancy and reliable income, with the added appeal of future growth potential.

Positioned in Brisbanes coastal corridor, the complex offers residents convenient access to shops, schools, dining, and public transport, while also providing the relaxed lifestyle that comes with living close to the bay.

The managers residence is nothing short of magnificent. Spanning approximately 280 square metres, it features exceptionally large living and dining areas that flow seamlessly into a generous outdoor entertainment space and backyard. The home includes three bedrooms, two bathrooms, a master with ensuite, and is fully air-conditioned for year-round comfort. A double lock-up garage and an office on title complete the package. Pets are also welcome within this well-maintained development, further adding to its appeal.

Opportunities of this calibre are tightly held. With its combination of long-term business security, an oversized and private residence, and consistently strong rental demand, this complex offers both lifestyle and income in one of Brisbanes most desirable pockets.

More Information

Financial Overview

Total Purchase Price: $1.042M MR&$900k Unit = Total $2.042M
Net Income: $ 228,310 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 900,000
_{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.}

Letting Business

Letting Pool: 27
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 68
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 89
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 139,092
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 20 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: nil
_{Required Office Hours}

Complex Features: Magnificent 280 sq m residence with exceptionally large living areas, ensuite, double lock-up garage, air-conditioning, office on title and very, very large entertainment area and back yard. Pets are also allowed within this developement.0