Kippa-Ring, Queensland
Secure, Scalable & Coastal – Dual-Complex MR Earning $308K+
$1,667MR & $1.23M Unit = Total $2.897M
Business Description
Welcome to Fleet Drive Management Rights, an exceptional lifestyle and income opportunity in the sought-after bayside suburb of Kippa-Ring, part of the vibrant Moreton Bay region just north of Brisbane. Comprising 30 Fleet Drive and 54 Fleet Drive, these two adjoining townhouse complexes offer the rare advantage of being run together, yet administered under separate schemes with long-term security of 20 and 23 years remaining on their accommodation module agreements. Together, they deliver a net income of over $308,000
The combined 150 residential lots feature 148 spacious three-bedroom townhouses, two manager’s residences, and a thriving letting pool of 37 permanent rentals, alongside a mix of owner-occupied and externally managed homes. The main manager’s townhouse at Lot 1 is a modern four-bedroom, two-bathroom home with a private courtyard, double garage, and an on-title office—perfect for blending work and home life. The secondary unit at Lot 35, a three-bedroom, two-bathroom townhouse with single garage and on-title office, is currently tenanted, adding extra income or offering flexibility for future use.
Life here is relaxed and easy. The gated complexes offer a secure, welcoming community with barbeque areas and visitor parking, while the caretaking workload is light thanks to minimal gardens and no pool facilities. A two-person team can comfortably manage operations while enjoying all that this coastal location has to offer.
With beaches, shopping, schools, and transport close at hand, Fleet Drive Management Rights delivers the perfect balance of lifestyle and income. Manager’s Unit 1 is priced at $650,000, Manager’s Unit 2 at $580,000, and the business at $1,667,733.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $1,667MR & $1.23M Unit = Total $2.897M
Net Profit: $308,839 Remuneration / Body Corp Salary: $229,933
Complex Information
Complex Type: PermanentTotal Units in Complex: 150Total Units in Letting Pool: 37Owner Occupy Units: 80Outside Agent Units: 33Agreement Term: 25 yearsAgreement Term Remaining: 20 years
Key Investment Insights
1. Exceptional lifestyle and income opportunity in a sought-after bayside suburb.
2. Two adjoining townhouse complexes with separate schemes and long-term security of 20 and 23 years remaining on their accommodation module agreements.
3. Combined 150 residential lots with a mix of owner-occupied and externally managed homes.
4. Net income of over $308,000.
5. Manager's residence with private courtyard, double garage, and on-title office.
6. Secondary unit currently tenanted, adding extra income or offering flexibility for future use.
7. Light caretaking workload with minimal gardens and no pool facilities.
8. Perfect balance of lifestyle and income with beaches, shopping, schools, and transport close by.
9. Manager's Unit 1 priced at $650,000, Manager's Unit 2 at $580,000, and the business at $1,667,733.
10. Specialized management rights, motels, hotels, pubs, and parks.
