Lifestyle Meets Incomeâ High-Performing MR with Marina Access

$475K MR&$870K UNIT = Total $1.345M

Permanent Management Rights, RUNAWAY BAY QLD

Limetree Waters East offers a rare chance to acquire a high-performing management rights business in one of the Gold Coasts most sought-after waterfront enclaves. Located in Runaway Bay, this secure gated community features direct Broadwater access via a private marina, blending lifestyle appeal with a strong and reliable income stream.

The complex consists of 49 well-maintained three-bedroom townhouses and delivers a body corporate salary of $125k, representing the entirety of the current net profit. This structure shields the business from letting fluctuations, while providing clear upside through expansion of the letting pool by attracting units currently with outside agents, self-managed owners, or in lock-up.

Caretaking requirements are light and easily managed by one or two people. There are no set office hours, and an office is included on title. Importantly, a top-up was approved at the September AGM, extending the agreements to a healthy 19 years, and providing excellent long-term security for the incoming operator.

Residents benefit from quality amenities including a large pool, barbecue areas, and a 17-berth marina with Broadwater access. The location also places Harbour Town Shopping Centre, cafes, restaurants, and public transport within walking distance, with easy motorway connectivity close by.

This opportunity is well-suited to experienced operators seeking a secure income base, as well as lifestyle buyers seeking a low-maintenance waterfront business with genuine growth potential.

**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

More Information

Financial Overview

Total Purchase Price: $475K MR&$870K UNIT = Total $1.345M
Net Income: $ 125,000 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 870,000
_{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: TBC
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 38
_{Number of units resided in by their owners.}

Lock Ups: 2
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 9
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 49
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 125,000
_{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: 19 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: No Office Hours
_{Required Office Hours}

Complex Features: The complex boasts standout amenities including secure access, a large swimming pool, barbecue area and a private marina with available berths.0