Varsity Lakes, Queensland

Varsity Lakes MR Portfolio – No Live-Onsite Requirement & Strong Returns | Resort Brokers ID : MR008896

$1,690,000

Business Description

Explore this premium offering in the dynamic and in-demand Varsity Lakes precinct, a rare portfolio comprised of four well-established management rights businesses, delivering strong returns and significant growth potential.

Notably, all four properties feature no set office hours and no requirement to reside onsite, offering exceptional operational flexibility. In addition, the manager’s two-bedroom unit at Varsity Manor is generates $41,600 per annum in passive income.

Positioned close to Bond University, local shops, restaurants and cafes, with convenient access to the M1 motorway, Varsity Lakes is a high-demand location known for its lifestyle, cultural amenities and consistent high rental demand.

Underpinned by long-term agreements and a strong Body Corporate salary of $148,906, this is a fantastic business opportunity for buyers seeking secure, scalable management rights - combining scale, location, and proven performance for operators looking to expand their footprint in one of the Gold Coast's most sought-after lifestyle and investment destinations, Varsity Lakes.

- 4 x Varsity Lakes streamlined MR businesses in one - grow your portfolio
- No set office hours, offering operational flexibility
- Consistent body corporate salary circa $149k, adjusted annually to CPI
- Long-term security with 22 & 24 years remaining on agreements
- Option to rent out the manager's unit, offering increased profitability of $45,000 p.a.
- Attractive portfolio add-on for local management rights operators
- Sought-after suburb drives strong rental demand, ensuring high occupancy
- Varsity Lakes location within walking distance to Bond University, shops, dining precincts and public transport
- Inspections are by appointment only
Date updated: 21 Sep 2025 23:00:07

Business Summary

Business Snapshot

Price: $1,690,000 Net Profit: $200,255 Remuneration / Body Corp Salary: $148,906

Managers Unit

Value of Managers Apartment: $820,000Bedrooms: 1Bathrooms: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 81Total Units in Letting Pool: 21Owner Occupy Units: 40Outside Agent Units: 19Agreement Term Remaining: 25 years
Marketing Agent
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

OFF THE PLAN PERMANENT MANAGEMENT RIGHTS | CITRINE ROCHEDALE BY METRO
RCA Management Rights
OFF THE PLAN PERMANENT MANAGEMENT RIGHTS |...

ROCHEDALE

$1,670,000+GST PLUS OPTIONAL TOWNHOUSE LOT $POA

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Urgent Sale – Miami Resort Rent Roll Opportunity
Auston Realty
Urgent Sale – Miami Resort Rent Roll...

MIAMI

$1,650,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MERMAID MR - EXCELLENT ROI - RUN REMOTELY+ $36K EXTRA RENTAL INCOME | Resort Brokers ID : MR008878
ResortBrokers
MERMAID MR - EXCELLENT ROI - RUN REMOTELY+...

MERMAID WATERS

Under Contract / Offer

Net Income: $172,892
Managers Estate: $780,000 2 Bed 1 Bath
Letting Pool: 79
Remuneration: $109,295

Secure Top Quality Holiday Let in Port Douglas
Calvin Bailey Management Rights
Secure Top Quality Holiday Let in Port...

PORT DOUGLAS

$1,595,000

Net Income: $294,600
Managers Estate: $495,000 2 Bed 1 Bath
Letting Pool: 18
Remuneration: $64,270

High Net, Low-Effort Business - ID 9100A
MR Sales
High Net, Low-Effort Business - ID 9100A

MILTON

$1,550,000

Net Income: $130,432
Managers Estate: $850,000 2 Bed 1 Bath
Letting Pool: -
Remuneration: $121

>>> Price Reduction <<<
Ras360
>>> Price Reduction <<<

SOUTHPORT

$688K MR & $950K UNIT = Total $1.638M

Net Income: $163,861
Managers Estate: $950,000 3 Bed 2 Bath
Letting Pool: 27
Remuneration: $126,033

“Marillac House”, Outstanding Accommodation Facility
Substantial Residence and outbuildings on large waterfront acreage
Rare Redcliffe Management Rights Opportunity - Prime Holiday Beachfront Location
High Yielding Prime Asset - Great Buying
Business Only Management Rights – Cleveland
Collection Bar
A RARE FIND SO CLOSE TO MELBOURNE - 2126ML
Thornside Permanent Complex - Business Only
Exeter's only Hotel, Presale Alert
Seize the chance to own the high netting Litchfield Outback Resort | Resort Brokers ID : FH008927
Sunny Life and Stable Business!
Versatile DA Approved A Rare Coastal Jewel with Panoramic Views over Bass Strait
New Birtinya MLR – A Rare Opportunity to Secure with a Leading Developer | Resort Brokers ID : OTP008916
High-Performing Freehold Motel in Thriving Regional Hub | Resort Brokers ID : FH008876
Thommo's Hotel  a Well-Established Country Hotel with Strong Local & Tourist Trade – Long Lease to 2046
Home + Income = Smart Investment | Resort Brokers ID : MR008919
Prime Inner-City Fringe Short-Stay with Unbeatable Return on Investment!  | Resort Brokers ID : MRB008881
High-Performing Yarra Valley Estate – $400K+ Net Profit | Resort Brokers ID : FH008918