Runaway Bay, Queensland

Landmark tower in Runaway Bay offering lifestyle and a boaties paradise. | Resort Brokers ID : MR008515

$2,100,000

Business Description

ResortBrokers presents a unique opportunity to acquire a management rights business in a landmark 29-story tower in Runaway Bay. Comprising 109 apartments, this property offers a lifestyle with superb Broadwater, ocean and mountain views, and facilities including indoor and outdoor pools, spa, sauna, gym, tennis court, function room and barbeque areas. The package includes a stunning marina frontage manager's residence and an attractive salary, with the added bonus of captured apartment sales. Ideal for those seeking a balance of work and leisure.

- Constructed by renowned MacMaster Constructions in 1990, Bayview Tower stands as a magnificent architectural marvel.
- Comprising 109 apartments, including four sub-penthouses and two penthouses, the 29-story tower is a testament to luxury living.
- Offering a range of facilities including a heated indoor and outdoor pool, heated spa, sauna, gymnasium, tennis court, function room and three barbecue areas, Bayview Tower is a lifestyle destination.
- Residents are treated to superb Broadwater, ocean and mountain views, enhancing the appeal of Bayview Tower.
- Featuring a stunning marine and water view manager's residence with three bedrooms, two bathrooms, one car space and an office on title, the property offers a luxurious living experience.
- Minimal and non-labour-intensive duties make this an ideal investment for those seeking a balance of work and leisure.
- An attractive salary, with the added bonus of captured apartment sales, makes this a lucrative investment opportunity.
- Inspections are strictly by appointment only
Date updated: 29 May 2025 09:25:36

Business Summary

Business Snapshot

Price: $2,100,000 Net Profit: $203,379 Remuneration / Body Corp Salary: $199,340

Managers Unit

Value of Managers Apartment: $1,200,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 109Total Units in Letting Pool: 6Owner Occupy Units: 100Outside Agent Units: 3Agreement Term Remaining: 10 years
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