Manly, Queensland
Great Complex, Good Profit at the Right Price
$430k MR + Unit $799k = Total $1.229M
Business Description
Exceptional Management Rights Opportunity in Manly, Queensland
Discover the perfect blend of lifestyle and income with this standout Management Rights business, located in the heart of Manly’s vibrant bayside community. Offering a refreshed, private residence and a profitable, well-established business, this opportunity is ideal for those seeking financial security and coastal living.
Business at a Glance
Nett Profit: $98,500 annually
Complex Size: 34 units, with 16 in the letting pool
Agreement: 13 years remaining on a 15-year accommodation module
The Residence
Step into a spacious, standalone two-level home, thoughtfully designed for relaxed coastal living:
Upstairs: A master bedroom with ensuite, two additional bedrooms, and a separate bathroom—all with built-in wardrobes.
Downstairs: Open-plan dining and living areas, a modern kitchen, and an additional toilet.
Extras: Single lock-up garage, an additional allocated parking space, and a refreshed interior for low-maintenance, modern living.
Nestled within a secure, friendly complex, this private residence offers convenience and tranquility, just moments from the water.
Lifestyle in Manly
Manly, located just 30 minutes from Brisbane CBD, is one of the city’s most desirable seaside suburbs. Enjoy a rich community atmosphere, a bustling marina, and an array of dining and recreational options. Highlights include:
The Esplanade: Perfect for walking, cycling, and weekend markets.
Manly Harbour Village: Home to boutique shops, cafes, and vibrant nightlife.
Family-Friendly Amenities: Parks, schools, and activities for all ages.
Why This Opportunity Stands Out
This is more than a business—it’s a chance to embrace a flexible, fulfilling lifestyle in a stunning coastal setting. With consistent earnings and room for growth, you can secure your financial future while enjoying all that Manly has to offer.
Seize this rare opportunity to own a piece of Manly’s thriving community and lifestyle.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $430k MR + Unit $799k = Total $1.229M
Net Profit: $98,500 Remuneration / Body Corp Salary: $55,870
Managers Unit
Value of Managers Apartment: $799,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Complex Information
Complex Type: PermanentTotal Units in Complex: 34Total Units in Letting Pool: 15Owner Occupy Units: 16Outside Agent Units: 3Agreement Term: 15 yearsAgreement Term Remaining: 13 years
Key Investment Insights
- Profitable business opportunity with a Nett Profit of $98,500 annually
- Located in the heart of Manly, a desirable seaside suburb just 30 minutes from Brisbane CBD
- Complex size of 34 units with 16 in the letting pool, providing room for growth
- 13 years remaining on a 15-year accommodation module agreement
- Private, standalone two-level home with a refreshed interior for low-maintenance living
- Convenient and tranquil location within a secure, friendly complex
- Vibrant community atmosphere with a bustling marina, boutique shops, and dining options
- Family-friendly amenities including parks, schools, and recreational activities
- Opportunity for a flexible, fulfilling lifestyle while securing financial stability
- Total package price of $1.229M, including the Managers Unit valued at $799,000
- Specialists in Management Rights, Motels, Hotels, Pubs, and Parks.
Management Rights Multiplier: 4.37
ROI Estimate: 22.91%