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MANLY WEST, QLD
Great Income and and even Better Lifestyle
Manly West, QLD, 4179
Services · Management Rights
MR $469k plus Unit $850k : $1.319M
Management Rights means there is no daily commute, your work is at your doorManagement Rights is being your own boss, setting your own hoursManagement Rights is a lifestyle choiceLive and work in Bay side Bliss in Manly At a GlanceNet Profit: $118,000 p.a.Business Price: $499,000ROI: 8.9%Multiplier: 4.21xTotal Units in Complex: 42Units in Letting Pool: 10 (plus 3 with outside agents)Agreement Type: Accommodation ModuleAgreement Term Remaining: 22 years***********************************************Business $469,000 | Net $114,000 | 24% ROI on the Business | 23 Years RemainingManagers Unit $850,000A modern and secure gated complex in one of Brisbanes most in-demand bayside suburbs, Highland Ridge presents an outstanding opportunity to acquire a low-maintenance, Management Rights with strong returns and capital growth potential.With 22.5 years remaining on the Accommodation Module agreement, this is the perfect setup for first-time buyers, semi-retirees, or portfolio operators seeking reliable income without the need to live onsite.***********************************************current owners do not sellADD REAL ESTATE SALES Most recent Sale in complex $980kPotential Commission $$$$$$*********************************************** Managers UnitPrice: $850,0003 Bed | 2 Bath | Lock-Up Garage | Dedicated OfficeThis well-presented and spacious home is located within the secure complex, depending on your preference. Why Manly West?Minutes to Manly Boat Harbour, Moreton Bay, parks and cafsWalk to schools, shops, and public transportEasy access to the Gateway Motorway and Brisbane CBDStrong rental demand and solid capital growth Key BenefitsClean, low-maintenance operationPotential to increase letting poolPrime bay side location with consistent demandLong-term agreements support bank lending Contact Joel McCartin today for a detailed Information Memorandum or to arrange a private inspection. joel@ras360.com.au | 0407 834 425RAS360 Management Rights | Motels | Hotels | Pubs | ParksYour trusted partner in Management Rights success.
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