Maroochydore, Queensland

Riverside Living Redefined: Discover Maroochy Waters Magic!

SOLD

Business Description

Living in the stunning Maroochy Waters, Maroochydore, offers the perfect blend of coastal charm and modern convenience. This sought-after riverside community provides a relaxed lifestyle with all essential amenities just a short stroll away. Residents can enjoy easy access to vibrant cafes, restaurants, surf clubs, major shopping centres, parks, and the picturesque Maroochy River. Whether you’re grabbing groceries, a coffee, medical advice or seeking leisure activities, everything you need is within walking distance. Maroochy Waters combines natural beauty with everyday practicality, making it an ideal place for families, professionals, and retirees alike.

Managers Unit:

This spacious and fully renovated three-bedroom, two-bathroom manager’s unit is a standout opportunity for those seeking comfort, convenience, and modern living. Recently renovated throughout, the unit features stylish tiles and carpet , alongside a beautifully renovated kitchen equipped with new benchtops, cupboards, dishwasher, and sleek tile work. The upgraded bathrooms boast full wall tiles, modern vanities, showers, and a new hot water system.
The apartment is designed for year-round comfort, featuring air conditioning cooling the lounge, dining room, kitchen, and master bedroom, with ceiling fans in every room for enhanced airflow. The unit includes a variety of practical features, such as a two-car lock-up garage with built-in shelving, plus an additional parking space at the front for added convenience. In the backyard, you'll find two storage sheds and a separate rear entrance, providing easy access for reversing a boat, camper trailer, or trailer. The fully fenced, private backyard is meticulously landscaped, providing a tranquil outdoor space with an alfresco covered dining area, perfect for entertaining.
Additional features like security screens, blinds are throughout the unit, and a Solar hart 6.6kW solar system helps ensure energy efficiency, and low maintenance. This property truly delivers a lifestyle of ease, style, and functionality—ready for you to move in and enjoy.

Complex Details:

This freshly repainted complex offers a unique opportunity for a manager seeking a low-maintenance role in an unbeatable location. With no lifts, pool, BBQ area, or gated community, managing this property is straightforward and efficient. Responsibilities are limited to maintaining the common areas and nature strip, making it easy for one person to handle.

The location is ideal, just one street away from the beautiful Maroochydore River and moments from the Bradman Avenue boat ramp. A shopping centre is conveniently located nearby within walking distance, featuring an IGA, medical centre, pharmacy, local tavern and bottle shop. With Buderim Hospital nearby, public transport options, and quick access to key areas like Maroochy Plaza, Cotton Tree, and the motorway for travel north or south, everything you need is within reach.

This is a rare opportunity to take on a simple, low-maintenance permanent Management Rights role in a highly desirable area, offering an excellent lifestyle and easy management with a great net return. Secure this prime position today!

Key Financials & Features:
- Nett profit exceeding $126,923.
- Body Corporate Salary of $100,882 (EX. GST) with low-maintenance gardens.
- 16 units in the letting pool (out of 51), ensuring a steady income stream.
- ROI over 9.5%,
- making this an attractive opportunity for newcomers, families or couples seeking a business that has a great lifestyle.

This is a rare opportunity to acquire a highly profitable management rights business in a prime Maroochydore location. For more details, contact Geoff Hatchman at Ras360 Property Solutions today.

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

Business Summary

Business Snapshot

Price: SOLD Net Profit: $126,923 Remuneration / Body Corp Salary: $100,882

Managers Unit

Bedrooms: 3Bathrooms: 2Car Spaces: 3

Complex Information

Complex Type: PermanentTotal Units in Complex: 51Total Units in Letting Pool: 16Owner Occupy Units: 23Outside Agent Units: 12Agreement Term: 10 yearsAgreement Term Remaining: 8 years
Marketing Agent
Geoff Hatchman
Geoff Hatchman

Key Investment Insights

1. Prime location in Maroochy Waters, Maroochydore, offering a relaxed lifestyle with all essential amenities within walking distance.
2. Fully renovated and spacious three-bedroom, two-bathroom manager's unit with modern features and a private backyard.
3. Low-maintenance complex with no lifts, pool, BBQ area, or gated community, making management straightforward and efficient.
4. Limited responsibilities, with only common area and nature strip maintenance required.
5. Nett profit exceeding $126,923 and a Body Corporate Salary of $100,882 (EX. GST).
6. 16 units in the letting pool (out of 51), ensuring a steady income stream.
7. ROI over 9.5%, making this an attractive opportunity for newcomers, families, or couples seeking a business with a great lifestyle.
8. Rare opportunity to acquire a highly profitable management rights business in a prime Maroochydore location.
9. Contact Geoff Hatchman at Ras360 Property Solutions for more details.
10. Specialists in Management Rights | Motels | Hotels | Pubs | Parks.
Listing location

This Business is sold

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