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 19 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: 19 Years Remaining – Long Accommodation Module in place
• 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: 19 years

Marketing Agent

Malcolm O'Farrell

0423 09....

Geoff Hatchman

0427 93....

Ras360

Key Investment Insights

1. The business is located on Bribie Island, the only southeast Queensland island accessible by bridge.
2. The business has a proven income with minimal overheads, with a net profit of $149,666.
3. The ROI for the business is 14.5%, with a strong return and a price of $450,000 (3x).
4. The body corporate salary is $69,999 and is CPI-indexed and secure.
5. The business has long agreements in place, with 19 years remaining on the accommodation module.
6. The total package for the business is $1.03M, which includes the management rights and a modern 2-bedroom manager's unit.
7. The location offers a walkable lifestyle, with easy access to cafes, RSL, Bowls Club, and the Sandstone Point Hotel.
8. There is potential for further growth by boosting direct bookings, implementing smarter revenue management, and enhancing online marketing.
9. The demand for properties on Bribie Island is growing, making this a desirable and rare opportunity.
10. The business is managed by Ras360, a reputable agency specializing in management rights, motels, hotels, pubs, and parks.

Management Rights Multiplier: 3.01
ROI Estimate: 33.26%