Bongaree, Queensland

Island Income Meets Waterfront Living – $149K Nett | 14.5% ROI | Long-Term Agreements

$450k MR & $580k Unit = Total $1.03m

Business Description

Island Income Meets Waterfront Living – $149K Nett | 14.5% ROI | Long-Term Agreements

Escape to Queensland’s most accessible island while securing a strong, consistent income stream from this boutique holiday complex overlooking the beautiful Pumicestone Passage. With solid financials, a modern 2-bedroom manager’s unit, and agreements in place for 23 years, this Bribie Island gem is the perfect balance of lifestyle and performance.

• $149,666 Net Profit – Proven income with minimal overheads
• 14.5% ROI – Strong return, with business priced at $450,000 (3x)
• Body Corporate Salary: $69,999 – CPI-indexed and secure
• Agreements: 23 Years Remaining – Long Accommodation Module in place, cooperative committee
• Total Package: $1.03M – Exceptional value for an island business with lifestyle upside
Strategic & Lifestyle Highlights:
• Rare Island Accessibility – Bribie is the only SEQ island linked by bridge, offering drive-up ease for guests and managers alike
• Walkable Lifestyle – Easy stroll to cafés, RSL, Bowls Club and a quick drive to the Sandstone Point Hotel
• Further Potential: Boost direct bookings, implement smarter revenue management, and enhance online marketing to drive occupancy and profits even higher.

Island-based management rights with long agreements, waterfront living, and true upside are increasingly rare – and buyer demand for Bribie continues to grow.
Act fast – contact our exclusive agents today to arrange your private inspection of this standout opportunity before it’s snapped up.

Ras360 – Management Rights | Motels | Hotels | Pubs | Parks

Business Summary

Business Snapshot

Price: $450k MR & $580k Unit = Total $1.03m Net Profit: $149,666 Remuneration / Body Corp Salary: $69,999

Managers Unit

Value of Managers Apartment: $580,000Bedrooms: 2Bathrooms: 1Car Spaces: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 30Total Units in Letting Pool: 14Owner Occupy Units: 11Outside Agent Units: 4Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 23 years

Marketing Agent

Geoff Hatchman

0427 93....

Malcolm O'Farrell

0423 09....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net profit of $149,666 with the management rights priced at $450,000 and advertised 14.5% return on investment.
2. Body corporate salary of $69,999 is CPI indexed, providing an established income component.
3. Long Accommodation Module agreement has 23 years remaining, supporting long term operational security.
4. Total package includes the management rights and a modern two bedroom, one bathroom manager’s unit valued at $580,000.
5. The complex comprises 30 units, including 14 in the letting pool and 11 owner occupied units.
6. Bribie Island is connected to the mainland by bridge, providing convenient drive up access for guests and managers.
7. Waterfront position overlooking the Pumicestone Passage complements the island lifestyle offering.
8. The property is within walking distance of cafés, the RSL and Bowls Club, with Sandstone Point Hotel nearby by car.
9. Potential exists to improve direct bookings, revenue management and online marketing, subject to implementation.
10. The boutique holiday complex includes one manager’s car space and established cooperative committee arrangements.

Management Rights Multiplier: 3.01
ROI Estimate: 14.53%