Ormiston, Queensland

BAYSIDE’S BEST BUY – LARGE LOWSET HOME & BUSINESS OFFERED AT 2X MULTPLIER | Resort Brokers ID : MR008964

$1,180,000

Business Description

ResortBrokers is proud to present this well-established management rights opportunity in Ormiston. The sellers’ circumstances have changed, creating a genuine opportunity to secure a high-quality business and residence that is keenly priced at a level to attract immediate interest from qualified buyers.

The business is underpinned by a strong body corporate salary exceeding $137,000, accounting for approximately 95% of total income, and is being offered at an attractive 2x multiplier representing incredible value.

The caretaking and letting agreements have recently been fully topped up to the full 10-year standard module term, providing long-term security and confidence for an incoming operator.
Included is a rare, low-set, freestanding three-bedroom manager’s residence with office, offered at $900,000. By comparison, the median house price in Ormiston is approximately $1,340,000 (source: realestate.com.au) highlighting the value on offer for a comparable freestanding home in this tightly held bayside suburb.

With a manageable workload, supportive committee, and excellent top-up history, this opportunity will appeal to both first-time buyers and experienced operators seeking a secure income stream, a quality family home, and a relaxed bayside lifestyle.

The price has been reset and is firmly positioned to attract immediate interest. Don't miss this exceptional opportunity.

Contact Jeff to arrange your inspection today!
Manager’s residence $900,000
Business $280,000 (2x multiplier).
Total price $1,180,000. Price is firm.

- Rare low-set, freestanding 3-bedroom manager’s residence with office
- Body corporate salary exceeding $137,000, representing around 95% of income
- Fully topped-up 10-year caretaking and letting agreements
- Offered at an attractive 2x multiplier
- Supportive committee with strong historical top-up record
- Easily run business with only 6 units in the letting pool with room to grow
- Resort-style grounds with central swimming pool, water feature and landscaped gardens
- Only three minutes to Ormiston train station
- 1km to Ormiston College, 2km to Cleveland and Raby Bay
- Bayside lifestyle with easy city access, 5 minutes to Stradbroke island ferry
- Inspections by appointment only

Contact Jeff today to make an inspection Date updated: 01 Oct 2026 01:00:09