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Beachfront Management Rights â the one tick all boxes
$1,663,000 Consider all reasonable offers
Permanent management rights, Redcliffe QLD
Live steps from one of Australias top-rated sunrise spots! This near-new beachfront complex offers the perfect mix of lifestyle and income. Just 2 years old, with a 23-year agreement and strong Body Corporate support, this is a low-maintenance, high-potential business.
The managers apartment features 3 spacious bedrooms plus a large officeideal for families or semi-retirees. A similar unit in the building that recently sold for nearly $1.2M, but this one is available at a discounted $995,000 as part of the business package.
Enjoy the relaxed Redcliffe lifestyle, with cafes, shops, transport, and the beach all at your doorstep.
Key Highlights:
- Prime beachfront position
- 23-year agreement, easy to manage
- Spacious 3-bed + office managers unit
- Priced well below market
- Motivated seller all reasonable offers considered
Contact the exclusive agent for full details and photos. This is lifestyle and value in one unbeatable package.
More Information
- Total Purchase Price: $1,663,000 Consider all reasonable offers
- Net Income: $ 167,700
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 995,000
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?