Waterfront Lifestyle&High Returns on Bribie Islandâ $145K NOP&14.9% ROI
$435k MR&$545k Unit = Total $980k
Resort / Holiday Management Rights, BONGAREE QLD
Waterfront Lifestyle & High Returns on Bribie Island $145K NOP & 14.9% ROI
Unlock the best of Queenslands coastal living and secure a standout investment with this boutique holiday apartment complex on beautiful Bribie Island. Perfectly positioned on the tranquil shores of Pumicestone Passage, this opportunity blends lifestyle, simplicity, and profitability in one of SEQs most accessible island destinations.
Key Highlights:
Strong Financials: Net profit of $145,682, a reliable Body Corporate salary of $69,999, and a healthy 14.9% ROI underpinning your investment security.
Attractive Pricing: Management rights priced at $435,000 (2.98x) with a quality managers unit available for $545,000, totalling just $980,000.
Built-In Growth: A new unit recently added to the letting pool is already generating extra income, not yet included in current NOP offering immediate upside.
Easy to Operate: Well-run business with straightforward systems ideal for experienced operators or newcomers looking for a smooth entry into the industry.
Prime Island Position: Walk to popular restaurants, the Bowls Club, RSL, or enjoy a short drive to the renowned Sandstone Point Hotel. Bribie is the only island in SEQ connected by bridge, driving consistent visitor demand.
Further Potential: Boost direct bookings, implement smarter revenue management, and enhance online marketing to drive occupancy and profits even higher.
Holiday complexes with this combination of location, lifestyle and strong financial performance are increasingly rare. Dont miss this chance to own a thriving waterfront business on Bribie Island. Contact our exclusive agents today to arrange your inspection of Placid Waters.
**Ras360 Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $435k MR&$545k Unit = Total $980k
- Net Income: $ 145,682
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 545,000
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?