Deception Bay, Queensland

A Rare Bayside Gem: Live in Luxury, Invest with Confidence

$625K MR & $670K Unit = Total $1.295M

Business Description

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 that’s 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 retention—ideal 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 manager’s residence—a tropical hideaway surrounded by lush gardens. Featuring a brand-new modern kitchen, two generous living areas, and ample parking for 4–6 vehicles, the home is a sanctuary you’ll 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 boxes—proven income, enviable lifestyle, and serious long-term upside. The multiplier is low at 4.09

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

Business Summary

Business Snapshot

Price: $625K MR & $670K Unit = Total $1.295M Net Profit: $152,500 Remuneration / Body Corp Salary: $107,768

Managers Unit

Value of Managers Apartment: $670,000Bedrooms: 3Bathrooms: 2Car Spaces: 4

Complex Information

Complex Type: PermanentTotal Units in Complex: 68Total Units in Letting Pool: 19Owner Occupy Units: 44Outside Agent Units: 3Lockup Units: 2Agreement Term: 25 yearsAgreement Term Remaining: 20 years

Marketing Agent

Robert Collins

0404 67....

Ras360

Key Investment Insights

1. Bayside coastal location with scenic sea breezes, enhancing lifestyle appeal and consistent demand.
2. Low purchase multiplier of 4.09, indicating relatively strong earnings relative to price.
3. Total sale structure $1.295M, comprising $625K for Management Rights and $670K for the manager's apartment.
4. Net profit $152,500, with remuneration/body corporate salary of $107,768, showing clear owner earnings.
5. Fully renovated private manager’s residence, featuring a brand new modern kitchen, two generous living areas, full insulation, and a tropical garden setting.
6. Manager’s apartment is 3 bedrooms, 2 bathrooms, with substantial parking for 4 vehicles as listed, supporting lifestyle and convenience.
7. Complex size 68 units, with 19 units in the letting pool, indicating a manageable portfolio workload.
8. High owner-occupier proportion, 44 owner-occupied units, suggesting long-term tenant stability and low turnover.
9. Agreement structure permanent complex, original term 25 years with 20 years remaining, providing long-term contractual security.
10. Minimal outside agent presence, only 3 units managed by external agents and 2 lockup units, implying centralised control of letting pool.
11. Positioned as low-hassle and suitable for first-time operators or experienced buyers seeking to scale, signalling accessible operations and operational resilience.
12. Combination of proven income, renovated on-site accommodation, and bayside lifestyle presents both immediate cashflow and long-term upside.

Management Rights Multiplier: 4.10
ROI Estimate: 24.40%