Parrearra, Queensland

This is the Business & Premier Island Residence You’ve Been Waiting For. | Resort Brokers ID : MR009046

$1,675,000

Business Description

Tucked away on exclusive Kawana Island, this rare coastal opportunity offers the perfect blend of sunshine, space and stability. With a long-term CPI-linked salary of $147,043, 23 years remaining on agreements, and a net profit of $160,417, this is a low-maintenance, high-reward opportunity that makes sense. It’s ideal for a solo operator or couple chasing a genuine work-life balance in one of the Coast’s most desirable residential enclaves.

The hero here is the oversized, light-filled manager’s residence, a three-bedroom ground-floor home with direct pool access, a private north-facing patio, and a separate office so you can run the business without ever leaving your sanctuary. Add 67 sqm of rentable storage, body corporate–funded gardens, and no requirement to live onsite, and you’ve got a flexible MLR that’s as comfortable as it is profitable.

Opportunities like this don’t come up often. If you’re ready for a sea change that actually stacks up, call now and secure your slice of island paradise.

One of the most impressive managers’ residences on the Sunshine Coast — a home you’ll genuinely look forward to coming back to every day.
- Stunning facilities that are easy to maintain and critical to preserving real estate values and resident satisfaction.
- Strong salary base of $147,043 per annum with CPI indexation, providing a secure income floor that supports financeability and underpins business stability.
- Long-term agreements of 23 years with a recent top-up, offering continuity and certainty of income.
- Proactive body corporate that pays for all gardening services except mowing of common areas. Easily managed by 1 person.
- Lifestyle business with no office requirements and contactable hours during weekdays only, offering flexibility and work-life balance.
- Prime waterfront location on Kawana Island, a premium residential area close to beaches, the hospital precinct, and the new town centre, enhancing letting demand and resale value.
- Real estate capital appreciation driven by limited land supply and increasing demand on Kawana Island, boosting the capital value of the manager's unit and enhancing exit strategy prospects.
- Inspections are by appointment only
Date updated: 19 Apr 2026 23:00:07

Business Summary

Business Snapshot

Price: $1,675,000 Net Profit: $160,417 Remuneration / Body Corp Salary: $147,043

Managers Unit

Value of Managers Apartment: $1,050,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 56Total Units in Letting Pool: 4Owner Occupy Units: 51Agreement Term Remaining: 22 years
Marketing Agent
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