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: $235,000 Remuneration / Body Corp Salary: $144,000

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

0404 67....

Ras360

Key Investment Insights

1. Price structured as $1.042M management rights plus a $900K manager’s unit, total $2.042M.
2. Strong financials, listed net profit $235,000, with manager remuneration/body corporate salary $144,000.
3. Permanent management rights, 25 year agreement originally, approximately 20 years remaining, providing long-term business security.
4. Large complex scale, 89 total units, offering operational stability and portfolio diversification.
5. Letting pool comprises 27 units, roughly 30 percent of the complex, indicating recurring management income from rentals.
6. High owner-occupancy with 68 owner-occupied units, suggesting lower tenant turnover and well-maintained common areas.
7. Stable asset mix of standalone three-bedroom, two-bathroom homes, highly desirable to families and long-term tenants.
8. Located in Brisbane’s coastal corridor, close to shops, schools, dining and public transport, enhancing tenant demand and resale appeal.
9. Manager’s residence approximately 280 square metres, oversized and private, with expansive living and dining areas that flow to a generous outdoor entertainment space and backyard.
10. Manager’s unit features three bedrooms, two bathrooms with master ensuite, full air conditioning, double lock-up garage and an office on title, supporting comfortable on-site management and potential dual-use.
11. Pets permitted within the development, broadening appeal to tenants and owner-occupiers.
12. Consistent occupancy, reliable income and stated future growth potential, combined with the rarity of such opportunities in a sought-after coastal suburb.

Management Rights Multiplier: 4.26
ROI Estimate: 23.50%