Runaway Bay, Queensland
Waterfront Management Rights – Lifestyle & Income Combined – ID 8052
$1,549,000
Business Description
Permanent Management Rights for Sale
A rare opportunity to secure management rights in the prestigious Runaway Cove Villas, a gated waterfront community. Enjoy a strong income while managing a well-established complex with efficient systems in place, all within a resort-style setting.
Business Highlights:
• Net profit of $157,733 with 20 years remaining on agreements.
• Streamlined operations with reduced workload and efficient systems.
• No set office hours, providing ultimate flexibility.
Resort-Style Complex:
• Stand-alone cottages, townhouses, and luxury waterfront homes.
• Lagoon-style pool, magnesium spa, gym & tennis court.
• Private boat ramp & secure gated entry.
Manager’s Residence:
• Spacious 3-bedroom, 2.5-bathroom villa.
• Modern open plan living, gourmet kitchen, and private courtyard.
• Double lock-up garage and exclusive-use gatehouse.
This is the perfect opportunity for those seeking financial security and a dream waterfront lifestyle. Enquire now!
Net Profit: $157,733
Asking Price: $1,549,000
For further information or to arrange an inspection of this Management Rights business for sale contact:
Management Rights Brokers
Gerard Dixon & Phil Trimble
Property Code: 994
Business Summary
Business Snapshot
Price: $1,549,000
Net Profit: $157,733 Remuneration / Body Corp Salary: $137,734
Managers Unit
Value of Managers Apartment: $1,050,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Modern Open-Plan Living: A seamless flow between the family, dining, and living areas, creating an inviting and airy ambiance perfect for entertaining or relaxation. Gourmet Kitchen: Well-appointed with quality appliances, ample storage, and a breakfast bar, ideal for home chefs. Spacious Master Suite: Features a private balcony, walk-in robe, and ensuite, providing a personal retreat with tranquil views.
Two Additional Bedrooms: Well-sized with built-in robes, perfect for family, guests, or a home office. Private Outdoor Space: A landscaped courtyard and patio offer a serene setting to unwind, entertain, or enjoy the Gold Coast’s idyllic climate. Double Lock-Up Garage: Secure parking with additional storage space for convenience.
Complex Information
Complex Type: PermanentTotal Units in Complex: 99Total Units in Letting Pool: 11Owner Occupy Units: 77Outside Agent Units: 1Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesGym: YesTennis Court: YesBBQ Area: Yes
Key Investment Insights
Management Rights Multiplier: 3.16
ROI Estimate: 31.61%
