A Rare Bayside Gem: Live in Luxury, Invest with Confidence
$747K MR&$675k Unit = Total $1.423M
Permanent Management Rights, DECEPTION BAY QLD
Seize this rare chance to take the reins of a thriving Management Rights business in a tightly held bayside complex renowned for its quiet charm and long-term tenants. With stable income, minimal hassle, this is a high-performing business thats as secure as it is rewarding.
Nestled in a well-established and beautifully maintained complex, the business boasts a consistent letting pool and exceptional tenant retentionideal for first-time operators or experienced professionals looking to scale with ease. Set in a scenic coastal pocket, it captures sea breezes and steady demand, delivering reliable income and peace of mind.
Adding to the appeal is a fully renovated, private managers residencea tropical hideaway surrounded by lush gardens. Featuring a brand-new modern kitchen, two generous living areas, and ample parking for 46 vehicles, the home is a sanctuary youll love returning to. Fully insulated and designed with year-round comfort in mind, it blends practicality with lifestyle.
Whether you're looking to step into a stress-free, profitable business or level up your current portfolio, this is your opportunity to own a Management Rights package that truly ticks all the boxesproven income, enviable lifestyle, and serious long-term upside.
Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: $747K MR&$675k Unit = Total $1.423M
- Net Income: $ 152,500
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 675,750
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?