Redland Bay, Queensland

Premium Management Rights Opportunity – Coastal Brisbane

$1.042M MR & $900k Unit = Total $2.042M

Business Description

This is a rare chance to acquire a high-performing, permanent management rights business together with an exceptional manager’s residence in one of Brisbane’s most sought-after coastal suburbs.

The business is underpinned by long-term agreements and a stable mix of stand-alone three-bedroom, two-bathroom homes, which are highly desirable to families and tenants alike. Located in a high-demand rental area, the complex enjoys consistent occupancy and reliable income, with the added appeal of future growth potential.

Positioned in Brisbane’s coastal corridor, the complex offers residents convenient access to shops, schools, dining, and public transport, while also providing the relaxed lifestyle that comes with living close to the bay.

The manager’s residence is nothing short of magnificent. Spanning approximately 280 square metres, it features exceptionally large living and dining areas that flow seamlessly into a generous outdoor entertainment space and backyard. The home includes three bedrooms, two bathrooms, a master with ensuite, and is fully air-conditioned for year-round comfort. A double lock-up garage and an office on title complete the package. Pets are also welcome within this well-maintained development, further adding to its appeal.

Opportunities of this calibre are tightly held. With its combination of long-term business security, an oversized and private residence, and consistently strong rental demand, this complex offers both lifestyle and income in one of Brisbane’s most desirable pockets.

Business Summary

Business Snapshot

Price: $1.042M MR & $900k Unit = Total $2.042M Net Profit: $228,310 Remuneration / Body Corp Salary: $139,092

Managers Unit

Value of Managers Apartment: $900,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 89Total Units in Letting Pool: 27Owner Occupy Units: 68Agreement Term: 25 yearsAgreement Term Remaining: 20 years
Marketing Agent
Robert Collins
Robert Collins

Key Investment Insights

1. Rare opportunity to acquire a high-performing, permanent management rights business and manager's residence in a sought-after coastal suburb of Brisbane.
2. Stable mix of stand-alone three-bedroom, two-bathroom homes, which are highly desirable to families and tenants.
3. Long-term agreements and consistent occupancy provide a secure business foundation.
4. High-demand rental area with potential for future growth.
5. Convenient location with easy access to shops, schools, dining, and public transport.
6. Manager's residence is spacious and well-appointed, with potential for outdoor entertainment and pets allowed.
7. Strong net profit and remuneration/body corp salary.
8. Total value of $2.042M for both the management rights and unit.
9. Permanent complex with 27 units in the letting pool and 68 owner-occupied units.
10. Long agreement term of 25 years with 20 years remaining.

Management Rights Multiplier: 5.00
ROI Estimate: 19.99%

Listing location
Gallery

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