Redcliffe, Queensland
Beachfront Caretaking Only MR - $160k BC Salary | Resort Brokers ID : MR009220
$1,500,000
Business Description
This permanent management rights opportunity delivers strong income security with a substantial body corporate salary of $160,521 and 22 years still remaining on the agreements. Being sold as a Caretaking-Only business with a bonus 4 letting appointments included in the sale at no cost to the incoming operator, if desired.
Positioned opposite Suttons Beach in the heart of Redcliffe, the complex comprises 124 three-bedroom apartments across two eight-level towers. Included is a spacious 201sqm, 3-bedroom, 2-bathroom manager’s residence offered well under market value at $995,000.
The business operates with no set office hours and simple caretaking responsibilities focused on the pool, gymnasium and barbecue areas.
The current letting pool includes four units, with a further upside of 11 apartments managed via external agents, providing clear potential for future growth for the operators who hold a real estate license.
Cafés, transport and beachfront amenities are all within walking distance, with easy access to Brisbane CBD, Brisbane Airport and the Sunshine Coast.
- High body corporate salary of $160,521
- 22 years remaining on accommodation module agreements, offering long-term tenure and stability
- Manageable caretaking duties with pool, gym and barbecue area to maintain
- No set office hours, allowing operational flexibility and lifestyle balance
- Spacious three-bedroom, two-bathroom residence with office on title spanning 201 sqm with two balconies and two car spaces
- Requirement to live onsite
- Prime beachside location in the heart of Redcliffe, directly across from Suttons Beach
- Significant upside to convert 11 externally managed units back into the letting pool, growing revenue potential
- Inspections by appointment only
Date updated: 05 Jun 2026 13:24:16
Business Summary
Business Snapshot
Price: $1,500,000
Net Profit: $160,521 Remuneration / Body Corp Salary: $160,521
Managers Unit
Value of Managers Apartment: $995,000Bedrooms: 3Bathrooms: 2Office: On TitleComplex Information
Complex Type: PermanentTotal Units in Complex: 124Total Units in Letting Pool: 4Owner Occupy Units: 109Outside Agent Units: 11Agreement Term Remaining: 22 years