Margate, Queensland

Beachside Caretaking Opportunity – Flexibility, Income & Coastal Living

$340k MR & $850k Unit = Total $1.190M

Business Description

Beachside Caretaking Opportunity – Flexibility, Income & Coastal Living

This is a rare chance to secure a caretaking-only management rights business in the heart of Margate Beach—one of Redcliffe’s most desirable coastal locations. Offering flexibility, secure income, and an enviable beachside lifestyle, this opportunity is perfect for both investors and owner-operators.

Caretaking Salary: $114,340 p.a. - Business price: $340,000 @ 2.99x Multiplier
Manager’s Unit: $850,000 – A spacious 3-bedroom, 2-bathroom apartment with an office, ample storage, and a private backyard.
Total Price: $1,190,000
Agreement Terms: 10 years remaining on a standard module, providing security and stability. No requirement to live on-site & no set office hours – enjoy a true lifestyle business.

Your Lifestyle & Investment Options
The manager’s unit is currently rented by the room, generating $39,520 per year. You can choose to maintain this high-yield setup, lease the unit as a whole, or move in and enjoy a premium coastal lifestyle.

Live & Work by the Beach!
Just 50m from Margate Beach, this is your chance to embrace the best of the Redcliffe Peninsula. Stroll to Margate and Suttons Beach, where calm waters, scenic foreshore parks, and family-friendly spaces create the perfect coastal escape. Enjoy a morning coffee at the local cafes, then explore Redcliffe’s vibrant dining scene, from boutique waterfront bars to renowned seafood spots. Spend your weekends fishing off the jetty, kayaking in the bay, or soaking up the lively atmosphere of Redcliffe’s bustling markets and community festivals.

A profitable, flexible, and lifestyle-friendly business in an unbeatable location—this opportunity won’t last long!

Business Summary

Business Snapshot

Price: $340k MR & $850k Unit = Total $1.190M Net Profit: $114,340 Remuneration / Body Corp Salary: $114,340

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 48Owner Occupy Units: 48Agreement Term: 10 yearsAgreement Term Remaining: 10 years

Marketing Agent

Robert Collins

0404 67....

Malcolm O'Farrell

0423 09....

Ras360

Key Investment Insights

1. Rare opportunity to secure a caretaking-only management rights business in a highly desirable coastal location.
2. Offers flexibility, secure income, and an enviable beachside lifestyle.
3. Perfect for both investors and owner-operators.
4. Caretaking salary of $114,340 per year.
5. Business price of $340,000 at a 2.99x multiplier.
6. Manager's unit priced at $850,000 and includes a spacious 3-bedroom, 2-bathroom apartment with an office, ample storage, and a private backyard.
7. Total price of $1,190,000.
8. Agreement terms include 10 years remaining on a standard module, providing security and stability.
9. No requirement to live on-site and no set office hours, allowing for a true lifestyle business.
10. Manager's unit is currently rented by the room, generating $39,520 per year.
11. Option to maintain high-yield setup, lease the unit as a whole, or move in and enjoy a premium coastal lifestyle.
12. Located just 50m from Margate Beach, offering easy access to a range of recreational activities and amenities.
13. Profitable, flexible, and lifestyle-friendly business in an unbeatable location.
14. Total of 48 units in the complex, all owner-occupied.
15. Agreement term remaining is 10 years.

Management Rights Multiplier: 2.97
ROI Estimate: 33.63%