Manly, Queensland
Only 3.9 Multiplier, Price Reduced for Sale!!!!!
$1,185,000
Business Description
Prime Management Rights Opportunity in Coastal Manly, QLD
Manly, QLD – A Coastal Gem Offering Lifestyle & Income
This is the perfect opportunity for those looking to transition into retirement or families seeking additional income while living in a spacious home near top local schools. With motivated sellers eager to fully retire, this is your chance to secure a high-yielding, easily managed business in one of Brisbane’s most sought-after bayside locations.
Business & Financials
✔ Net Profit: $98,500 p.a.
✔ Additional Income: Potential to lease the manager’s residence for over $750 weekly, equating to an extra $39,000 annually
✔ ROI: Over 11% (with extra rental income)
✔ Complex Size: 34 units (16 in letting pool)
✔ Agreements: 13 years remaining on a 15-year accommodation module
✔ Proven Body Corporate Support: History of Top Ups showing strong Body Corporate relationships
Manager’s Residence – Live In or Lease Out
🏡 Spacious Family Home – Ideal for those seeking a coastal lifestyle or an investment opportunity
🏡 Flexible Options – Live onsite or lease the home for additional rental income
🏡 Plenty of Storage – Space for a boat, perfect for fishing and island trips
Prime Location – Why Manly?
🌊 Vibrant Bayside Lifestyle – Waterfront markets, scenic esplanade walks, and a strong community atmosphere
🌊 Boating & Fishing Paradise – Easy access to Moreton Bay and surrounding islands
🌊 Great Schools Nearby – Ideal for families with access to highly regarded local schools
🌊 Only 30 Mins to Brisbane CBD – Enjoy a relaxed coastal setting without sacrificing city convenience
Why This Is a Standout Opportunity
✅ Easily Managed by One Person – Low-maintenance operation with a supportive Body Corporate
✅ Exceptional Lifestyle & Income – Work-life balance with solid financial returns
✅ Motivated Sellers – Act Now! – Priced to sell with huge value at just 3.9x multiplier
💡 A rare chance to secure a profitable, lifestyle-focused management rights business in one of Brisbane’s premier coastal suburbs.
📞 Contact us today for more information or to arrange a viewing!
RAS360 – Your Trusted Management Rights Specialists
Business Summary
Business Snapshot
Price: $1,185,000
Net Profit: $98,500 Remuneration / Body Corp Salary: $55,870
Managers Unit
Value of Managers Apartment: $799,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Complex 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
1. Prime location in a sought-after coastal suburb with a vibrant community atmosphere and easy access to boating and fishing opportunities.
2. High net profit of $98,500 per annum with potential for additional income through leasing the manager's residence.
3. Low multiplier of only 3.9, making it a highly affordable and attractive investment opportunity.
4. Solid Body Corporate support and history of top-ups, indicating strong relationships and support.
5. Flexible options for the manager's residence, either living onsite or leasing for additional rental income.
6. Easily managed by one person with low-maintenance operations.
7. Exceptional work-life balance with solid financial returns.
8. Motivated sellers looking to fully retire, offering a rare chance to secure a profitable and lifestyle-focused business.
9. Only 30 minutes from Brisbane CBD, offering a relaxed coastal lifestyle without sacrificing city convenience.
10. Ideal for families with access to top local schools.
11. Spacious family home with plenty of storage, perfect for those seeking a coastal lifestyle or investment opportunity.
12. Long-term agreements with 13 years remaining on a 15-year accommodation module.
13. Trusted management rights specialists with extensive experience in the industry.
Management Rights Multiplier: 3.92
ROI Estimate: 25.52%
