Cleveland, Queensland
Well-priced for Sale, Large Remuneration, Solid Permanent MR in Brisbane Bayside
$1.11mil/MR Bus and $680k/MU
Business Description
This is an outstanding opportunity to buy management rights in the ever-popular Brisbane Bayside. Nestled in a prime quiet location, only walking distance to Shopping Centres, easy access to Moreton Bay, public transport, close to schools, parks.
- Asking $1,109,900 on MR Business with a Net Profit of $234,022
- Manager Residence at $680,000
- Two MRs in One for Sale, with a distance of 8.5km, just 10mins riding, very handy
- Centrally located in the Leafy suburbs of Cleveland and Capalaba, Brisbane Bayside
- Well- presented complexes provides the perfect environment to relax in
- Very well-run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Large manager remuneration $196.780 with annual adjustment of CPI
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence
Large two-storey townhouse, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms and a large rear patio and entertaining backyard area
- Large office, no office hour
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
If you want to buy a solid management right business and great lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team, Exclusive Agency.
Business Summary
Key Investment Insights
1. Asking price $1,109,900 for the management rights business, with a reported net profit of $234,022.
2. Manager residence separately valued at $680,000, included as part of the offering.
3. Two management rights being sold together, located 8.5 km apart, approximately 10 minutes riding, offering operational synergy.
4. Large manager remuneration of $196,780, with annual CPI adjustments, providing predictable income growth.
5. Prime Brisbane Bayside location in leafy Cleveland and Capalaba suburbs, walking distance to shopping centres and easy access to Moreton Bay.
6. Proximity to public transport, schools and parks enhances appeal for residents and managers.
7. Low tenant turnover reduces inspection and paperwork workload, supporting operational efficiency.
8. Well-run business with all procedures documented, indicating established systems and ease of transition.
9. Supportive and “fantastic” body corporate, facilitating smoother management relationships.
10. Modern, large two-storey manager residence with three bedrooms, spacious living and dining, open-plan kitchen, large rear patio and entertaining backyard, suitable for family living.
11. Large on-site office with no prescribed office hours, offering flexible work arrangements.
12. Positioned as ideal for a family or semi-retired couple seeking solid income and a lifestyle-oriented role.
