Varsity Lakes, Queensland

CASHFLOW & COAST LIFESTYLE – $464k NET PROFIT IN PRIME VARSITY LAKES | Resort Brokers ID : MR009139

$3,440,000

Business Description

Set in the ever-popular Varsity Lakes precinct, this is a standout opportunity to secure not just one—but two complementary businesses in a high-demand, fast-growing location. Known for its strong rental appeal, proximity to quality schools, and just minutes from Burleigh Beach, this area continues to attract both residents and investors alike.

Currently operated as a single, high-performing management rights business, this asset delivers stability and upside in equal measure. Backed by long-term agreements and a supportive, proactive body corporate, it generates an impressive annual remuneration of $265,392 alongside a solid return on investment.

Designed for flexibility and future growth, the business operates without rigid office hours and offers significant scalability. Opportunities of this calibre in Varsity Lakes are tightly held—making this a rare chance to step into a premium, lifestyle-friendly investment.

-
Incredible Net Profit of $464,157 which includes $265K+ body corporate remuneration

-
208 total units, with 70 in the letting pool providing consistent income

-
Additional upside with 31 units managed by external agents

-
No set office hours – enjoy true operational flexibility

-
Excellent relationship with an engaged and proactive body corporate

-
Spacious 3-bedroom, 2-bathroom manager’s residence with private courtyard

-
Large, exclusive-use office for both sales and lettings

-
Secure agreements with over 19 & 21 years remaining

-
Inspections strictly by appointment

Date updated: 11 May 2026 23:00:03

Business Summary

Business Snapshot

Price: $3,440,000 Net Profit: $464,157 Remuneration / Body Corp Salary: $265,392

Managers Unit

Value of Managers Apartment: $900,000Bedrooms: 3Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 208Total Units in Letting Pool: 67Owner Occupy Units: 64Outside Agent Units: 18Agreement Term Remaining: 19 years
Marketing Agent
Listing location

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

MANAGEMENT RIGHTS BUSINESS FOR SALE CURRUMBIN - HIGH NET PROFIT - BEACHFRONT RESORT
Premier Business Sales
MANAGEMENT RIGHTS BUSINESS FOR SALE CURR...

CURRUMBIN

$3,338,000

Net Income: $500,142
Managers Estate: $945,000 2 Bed 2 Bath
Letting Pool: 45
Remuneration: $74,909

Southport with NET $428,657 - ID 9114
MR Sales
Southport with NET $428,657 - ID 9114

SOUTHPORT

$3,400,000

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

PERFECTLY LOCATED BEACHSIDE RESORT DELIVERING EXCEPTIONAL RETURNS | Resort Brokers ID : MR009153
ResortBrokers
PERFECTLY LOCATED BEACHSIDE RESORT DELIV...

COOLANGATTA

$3,590,000

Net Income: -
Managers Estate: $1,050,000 2 Bed 2 Bath
Letting Pool: 53
Remuneration: $90,829

Iconic Kirra Mixed Letting High Performer | $500K+ Net Profit | Resort Brokers ID : MR009148
ResortBrokers
Iconic Kirra Mixed Letting High Performer |...

COOLANGATTA

$3,525,000

Net Income: $500,000
Managers Estate: $1,050,000 2 Bed 2 Bath
Letting Pool: 90
Remuneration: $239,773

BOUTQIUE BEACHSIDE RESORT + $478K NOP + RENOVATED 3-BED RESIDENCE | Resort Brokers ID : MR009109
ResortBrokers
BOUTQIUE BEACHSIDE RESORT + $478K NOP +...

COOLANGATTA

$3,428,000

Net Income: $478,110
Managers Estate: $1,300,000 3 Bed 2 Bath
Letting Pool: 46
Remuneration: $96,050

Stunning Beach Front Living
Ras360
Stunning Beach Front Living

SCARNESS

$2.717M MR & $740k Unit = Total $3.457M

Net Income: $578,191
Managers Estate: $740,000 2 Bed 2 Bath
Letting Pool: 36
Remuneration: $87,001

Goondiwindi Holiday Park
Sports and Holiday Retreat with Broadwater Views!!
Hippety-Hoppety to the Beach!!!
Entry Level or Add-On!!
AN INCREDIBLE OPPORTUNITY WAITS FOR YOU - 217ML
Tightly Held, Prime Beachfront, Established Management Rights Business
Established Holiday Apartment Management Rights Opportunity in the Heart of Port Douglas
PURE LUXURY ON THE ISLAND - 2906MF
Easy-Care Business Only Operation | Brisbane Northern Corridor
FREEHOLD MOTEL | TURNKEY OPERATION | STRONG GROWTH POTENTIAL | Resort Brokers ID : FH009178
Business-Only MLR - 97% of income derived from BC salary | Resort Brokers ID : MRB009201
FHGC Motel on 2.5 Acres with 41% Occupancy - Substantial Repositioning Upside | Resort Brokers ID : FH009177
PREMIUM PERPETUAL CROWN LEASEHOLD CARAVAN PARK OPPORTUNITY – SOUTH COAST NSW | Resort Brokers ID : LH009175
Premium Permanent MR Opportunity Backed by 69% Secure BC Salary | Resort Brokers ID : MR009131
Unheard of multiplier and Water Views!!!
Huge Income and Rare Opportunity - Permanent MR Business in Brisbane City
High-Yield Leasehold Motel – Proven Government-Backed Income Stream
Been to Westport lately? Have a look at this!