Maroochydore, Queensland
Riverside Living Redefined Discover Maroochydore Magic
$504K MR & $915k Unit = Total $1.419M
Business Description
Living in stunning 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 Maroochydore . Whether you’re grabbing groceries, a coffee, medical advice or seeking leisure activities, everything you need is within walking distance. Maroochydore 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.
This location is ideal, in Maroochydore . A shopping centre is conveniently located nearby . 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 $140,000.
- Body Corporate Salary of $103,404 (EX. GST) with low-maintenance gardens.
- 16 units in the letting pool (out of 51), ensuring a steady income stream.
- ROI CIRCA 10%,
Making this an attractive opportunity for newcomers, families or couples seeking a business that has a great lifestyle.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $504K MR & $915k Unit = Total $1.419M
Net Profit: $140,235 Remuneration / Body Corp Salary: $103,404
Managers Unit
Value of Managers Apartment: $915,000Bedrooms: 3Bathrooms: 2Car Spaces: 3Complex 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
Key Investment Insights
1. Prime Maroochydore riverside location, walking distance to cafes, restaurants, surf clubs, major shopping centres, parks and public transport.
2. Manager’s unit recently fully renovated, three bedrooms, two bathrooms, modern kitchen and bathrooms, move-in ready.
3. Manager’s unit includes two-car lock-up garage plus an additional front parking space, three car spaces total.
4. Private fully fenced, landscaped backyard with alfresco covered dining area, two storage sheds and separate rear entrance suitable for reversing a boat or camper trailer.
5. Energy efficiency features include a Solar Hart 6.6kW solar system, air conditioning in main living areas and ceiling fans in every room.
6. Low-maintenance management role, complex freshly repainted, no lifts, pool, BBQ area or gates, responsibilities limited to common areas and nature strip.
7. Financials indicate net profit exceeding $140,000, body corporate salary $103,404 excluding GST, and ROI circa 10%.
8. Sale structure priced at $504K for management rights and $915K for the unit, total $1.419M.
9. Complex composition 51 units total, 16 units in the letting pool providing a steady income stream, 23 owner-occupy units and 12 outside agent units.
10. Management agreement term 10 years with approximately eight years remaining, offering continuity and predictable tenure.
11. Close proximity to Buderim Hospital, Maroochy Plaza, Cotton Tree and the motorway, supporting broad tenant appeal and ease of travel.
Management Rights Multiplier: 3.59
ROI Estimate: 27.82%
