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: 2

Complex 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
Marketing Agent
Joel McCartin
Joel McCartin

Key Investment Insights

1. Motivated sellers looking to fully retire
2. High-yielding and easily managed business
3. Located in one of Brisbane's most sought-after bayside locations
4. Potential for additional rental income through leasing the manager's residence
5. Strong Body Corporate relationships and history of top-ups
6. Spacious family home with flexible options for living or leasing
7. Plenty of storage space for a boat
8. Vibrant bayside lifestyle with waterfront markets and scenic walks
9. Easy access to Moreton Bay and surrounding islands for boating and fishing
10. Close proximity to highly regarded local schools
11. Only 30 minutes from Brisbane CBD
12. Low-maintenance operation managed by one person
13. Solid financial returns and work-life balance
14. Priced to sell with a low 3.9x multiplier
15. Rare opportunity to secure a profitable, lifestyle-focused management rights business in a premier coastal suburb.

Management Rights Multiplier: 3.92
ROI Estimate: 25.52%

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