Runaway Bay, Queensland

All Class in Runaway Bay - ID 8384

$2,100,000

Business Description

Permanent Management Rights For Sale
Prestigious Complex on The Broadwater with Marina

- Attractive Net Profit exceeding $200,000

- Comfortable workload ideal for a working couple

- Stunning 3-bedroom manager’s residence with expansive marina views

- Supportive, proactive Body Corporate committee

- Office on title

- Ample visitor parking

- Upside potential with 3 external rental units not currently in the letting pool

- Additional income opportunities through future apartment sales

After almost 10 successful years of ownership, the retiring vendors have made the decision to offer this iconic management rights business to the market.

The business delivers a strong, reliable income while maintaining a manageable workload, making it ideally suited to a professional working couple seeking financial security combined with an enviable marina-side lifestyle.

The included three-bedroom manager’s residence is spacious, ground-floor, and boasts sweeping water views — offering both comfort and prestige.

With a solid committee, established systems, and clear growth potential, this is a rare opportunity to secure a quality management rights business in a desirable waterfront setting.

Opportunities of this calibre are tightly held and rarely offered. Enquire today for further details.

Net Profit: $219,000
Asking Price: $2,100,000
(Inclusive of Manager's Real Estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Brokers
Phil Trimble & Gerard Dixon

Property Code: 1111

Business Summary

Business Snapshot

Price: $2,100,000 Net Profit: $219,000 Remuneration / Body Corp Salary: $204,639Business Value: $850,000

Managers Unit

Value of Managers Apartment: $1,250,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

An outstanding and generously proportioned ground-floor residence featuring three spacious bedrooms and two well-appointed bathrooms. The open-plan living and dining area flows seamlessly to marina-facing views, creating a light-filled space that perfectly complements the waterfront setting. Partially air-conditioned for year-round comfort, the apartment offers both practicality and lifestyle appeal. The residence includes one secure car space, with additional parking available for rent within the complex if required.

Complex Information

Complex Type: PermanentTotal Units in Complex: 110Total Units in Letting Pool: 6Owner Occupy Units: 92Outside Agent Units: 3Lockup Units: 8Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesIndoor Pool: YesSpa: YesSauna: YesGym: YesTennis Court: YesBBQ Area: YesPay TV: YesWIFI: YesMarina Berth: Yes

Marketing Agent

Phil Trimble

Gerard Dixon

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net profit of $219,000, with annual Body Corporate remuneration of $204,639.
2. Asking price of $2,100,000 includes the manager’s residence, valued at $1,250,000.
3. Comfortable workload suited to a working couple, supported by established systems.
4. Prestigious Runaway Bay complex on the Broadwater offers a waterfront setting with a marina.
5. Spacious ground floor manager’s residence includes three bedrooms, two bathrooms, marina views and one secure car space.
6. Office on title provides dedicated business premises within the complex.
7. Supportive, proactive Body Corporate committee, with nine years remaining on the management agreement.
8. Potential to expand the six unit letting pool by securing three units currently managed by outside agents.
9. Future apartment sales offer additional income opportunities.
10. Complex amenities include outdoor and indoor pools, spa, sauna, gym, tennis court and barbecue area.
11. Ample visitor parking, with additional parking available for rent within the complex.

Management Rights Multiplier: 3.88
ROI Estimate: 10.43%