Cleveland, Queensland
Business Only, Large Remuneration and 30% High Return Permanent Management Rights in Cleveland
$548,000 Only Asking 3.5 times Permanent
Business Description
Net Income $162,169 for $548,000
Elegant Complex
Perfectly located in Cleveland, a highly sought after position - a quiet and leafy community, just a short stroll to large shopping towns, medical, CBD, schools, transport, the Harbour Precinct and a wide array of amenities, everything is only moments away.
Appr. 25 min ride to Garden City Westfield, Brisbane South Suburbs
Appr. 35min ride to South Bank Parkland, South Brisbane
Appr. 60min ride to Surfers Paradise Beach, Gold Coast
Good rental and very popular for renters.
Very Supportive BC
Good Relationship with BC in place
Great Remuneration
$126,871 with annual adjustment of CPI
No Requirement of Residing Onsite
No set up office hours
Just contactable during working hours
This would be a perfect opportunity to secure a solid income and lifestyle business, it ticks all your boxes.
Please book your inspection immediately with our exclusive NEXT team.
Business Summary
Key Investment Insights
1. Business only sale of Permanent Management Rights in Cleveland, asking price $548,000, advertised at 3.5 times permanent.
2. Reported net income $162,169, implying an approximate 30 percent return on the asking price.
3. Fixed remuneration to manager $126,871 per year, with annual CPI adjustments, providing predictable income.
4. Thirty percent high return highlighted in listing, signalling strong cashflow relative to price.
5. Elegant complex, described as attractive and likely to support premium rental appeal.
6. Good rental market and popular with renters, indicating steady letting income potential.
7. Very supportive body corporate and good existing relationship with BC, reducing operational friction.
8. No requirement to reside onsite, offering flexibility for owner operators or absentee investors.
9. No set office hours required, only need to be contactable during working hours, reducing day‑to‑day time commitment.
10. Prime Cleveland location, quiet and leafy yet within short walking distance to major shopping, medical services, CBD links, schools, transport and the Harbour Precinct.
11. Commute and location advantages, approximately 25 minutes to Garden City Westfield, 35 minutes to South Bank Parkland, and 60 minutes to Surfers Paradise.
12. Business snapshot shows Business Value listed as $0, confirming the sale is for management rights and remuneration streams rather than property ownership.
