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High Remuneration / Motivated Seller / Bargain price with big potential
$1,588,000
Permanent management rights, Redcliffe QLD
Live just steps from one of Australias top-rated sunrise locations, this near-new beachfront complex offers an exceptional combination of lifestyle and stable income.
With a long 22.5-year agreement and strong Body Corporate support, the business is well structured and easy to manage. The income is predominantly derived from secure remuneration, providing consistent and reliable cash flow.
The total purchase price is $1.588M, including both the managers unit and the business. The managers unit was valued for management rights valuer at over $1.13M last year, and a comparable unit on the same floor with a similar layout had sold for over $1.175M in 2025. This positions the business component at a very attractive and low multiplier, presenting a compelling opportunity for the operators seeking both income and future capital growth.
The seller is motivated due to family relocation and is prepared to offer this opportunity at a reduced level to a suitable, experienced building manager.
The managers residence comprises 3 spacious bedrooms plus a large office, ideal for owner-operators or those seeking a balanced lifestyle business.
Located in the heart of Redcliffe, with cafes, transport, and the beachfront at your doorstep, this is a rare opportunity combining lifestyle and long-term investment potential. Please contact the exclusive agent for further details or to arrange an inspection.
More Information
- Total Purchase Price: $1,588,000
- Net Income: $ 172,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours