Manly West, Queensland

Strong Nett Profit$118k delivering ROI 10.4%

$1,319,000

Business Description

💰 Nett Profit $118,000
💰 Business Price: $499,000 (4.21x Multiplier)
🏡 Manager's Residence: $820,000 (3 Bed | 2 Bath | Lock-Up Garage | Office)
📈 ROI: 10.4%
🏢 Total Units: 42 | Units in Letting Pool: 11

Why Highland Ridge?
Highland Ridge offers an outstanding management rights opportunity in the heart of Manly West, one of Brisbane’s most desirable family-friendly suburbs. With a stable letting pool of 11 units (with another 3 with outside agents), strong rental demand, and a solid 10.4% ROI, this business provides a low-maintenance, high-return investment. The modern three-bedroom manager’s residence, complete with a lock-up garage and dedicated office, ensures both comfort and convenience, making it an ideal choice for those looking to combine lifestyle with income.

Highland Ridge offers long-term security with a 23 years remaining on the 25 Accommodation Module, well-maintained amenities including a swimming pool and BBQ area, and a prime location just minutes from Manly Boat Harbour, shopping precincts, and top-rated schools. With the Brisbane CBD less than 30 minutes away, easy access to the Gateway Motorway, and strong demand for rental properties in the area, this is a rare opportunity to secure a thriving business in a high-growth location.

Investment Highlights:
✔ Stable Income – A well-established business with consistent rental returns
✔ Desirable Lifestyle – Spacious, modern manager’s residence in a secure complex
✔ Growth Potential – Prime location in a growing, high-demand suburb
✔ Ease of Management – Low-maintenance business, perfect for first-time operators or experienced investors

📞 Contact Joel McCartin today to learn more or arrange a viewing!
📧 ---------- | 📱 ----------

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

Business Summary

Business Snapshot

Price: $1,319,000 Net Profit: $118,434 Remuneration / Body Corp Salary: $89,603

Managers Unit

Value of Managers Apartment: $820,000Bedrooms: 3Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 42Total Units in Letting Pool: 11Owner Occupy Units: 28Outside Agent Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 23 years
Marketing Agent
Joel McCartin
Joel McCartin

Key Investment Insights

1. Nett Profit of $118,000 and ROI of 10.4% make this a highly profitable and attractive investment opportunity.
2. Business price of $499,000 with a 4.21x multiplier is a good value for the strong returns it offers.
3. Manager's residence is also included in the sale, with a value of $820,000 and features such as 3 bedrooms, 2 bathrooms, lock-up garage, and office space.
4. Total of 42 units in the complex, with 11 units in the letting pool and 3 units with outside agents.
5. Located in Manly West, a highly desirable family-friendly suburb in Brisbane with strong demand for rental properties.
6. Long-term security with 23 years remaining on the 25 Accommodation Module.
7. Well-maintained amenities including a swimming pool and BBQ area.
8. Prime location just minutes from Manly Boat Harbour, shopping precincts, and top-rated schools.
9. Easy access to the Brisbane CBD and the Gateway Motorway.
10. Low-maintenance business, suitable for both first-time operators and experienced investors.
11. Growth potential in a high-demand and growing suburb.
12. Contact Joel McCartin for more information or to arrange a viewing.
13. Specializes in Management Rights, Motels, Hotels, Pubs, and Parks.
14. Manager's apartment has a value of $820,000 and features 3 bedrooms, 2 bathrooms, lock-up garage, and office space.
15. Complex type is permanent with a total of 42 units, 11 of which are in the letting pool and 3 with outside agents.
16. Agreement term of 25 years with 23 years remaining, providing long-term security for the business.
17. Owner-occupy units make up 28 of the total units in the complex.
18. Outside agent units make up 3 of the total units in the complex.
19. Well

Management Rights Multiplier: 4.21
ROI Estimate: 23.73%

Listing location
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