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 permanent management rights business, built in 2024, offering a recently established operation.
2. Developed by Visie Properties, indicating a single developer background for the complex.
3. Serves a near new 37‑townhouse development in Manly West, defining the management scale and resident base.
4. Business has been completed, set up and trading for over 12 months, providing a track record beyond start‑up stage.
5. Accountant verified permanent nett income of approximately $63,894 per annum, confirming verified cashflow.
6. Body corporate caretaking salary of approximately $38,110 per annum, representing a material recurring income stream.
7. Permanent only tenure, positioned as a management rights business rather than a rental/temporary model.
8. No manager’s residence or office included in the sale, highlighting a business‑only transaction and lower capital outlay for assets.
9. Located in Manly West, described as a great location, supporting resident demand and local appeal.
10. Vendor has an information memorandum available via RCA, enabling prospective buyers to obtain further verified details.
