Manly West, Queensland
ALMOST NEW ESTABLISHED PERMANENT MANAGEMENT RIGHTS IN MANLY WEST - BUSINESS ONLY.
$300,000
Business Description
RCA EXCLUSIVELY PRESENT FOR SALE THE ESTABLISHED ALMOST NEW MANAGEMENT AND LETTING RIGHTS AT MANLY WEST WITH NO MANAGERS RESIDENCE OR OFFICE TO BUY.
+ Developed by Visie Properties
+ Built in 2024
+ Established near new 37 total townhouse development in Manly West
+ Already completed, setup and running for over 12 months
+ Body corp caretaking salary of approx $38,110 per annum
+ Permanent only business with accountant verified $63,894 nett income per annum
+ NO MANAGERS RESIDENCE OR OFFICE TO BUY. BUSINESS ONLY.
+ Great location in Manly West
DON'T MISS OUT ON THIS INCREDIBLE NEWLY ESTABLISHED MANAGEMENT RIGHTS OPPORTUNITY. REQUEST INFORMATION MEMORANDUM FOR MORE DETAILS ON THIS PROPERTY.
CONTACT RCA FOR MORE DETAILS.
Business Summary
Key Investment Insights
1. Almost new management and letting rights established in 2024, developed by Visie Properties.
2. Business operating and fully set up for over 12 months, indicating initial systems and tenant relationships in place.
3. Situated adjacent to a completed 37‑townhouse development, providing an immediate strata client base and scale.
4. Accountant‑verified nett business income of approximately $63,894 per annum, demonstrating confirmed cashflow.
5. Body corporate caretaking component generating approximately $38,110 per annum, providing a stable recurring salary component.
6. Permanent management rights only, offering long‑term income stability rather than short‑term letting focus.
7. Business‑only sale, there is no manager’s residence or office included; purchaser should allow for accommodation and workspace arrangements.
8. Located in Manly West, described as a great location, supporting rental demand and resale appeal.
9. Exclusively marketed by RCA, centralising enquiries and information access.
10. Newly established asset in a recently completed development, reducing near‑term capital upgrade risk compared with older complexes.
