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Bribie Island Beachfront Management Rights - 24 Units

Management Rights

ActivePropertyQueenslandB2C
Asking price
$1,200,000
Disclosed · AUD
Revenue (est.)
~$199,158
Estimated · comparable listings of this type and size
Net Profit
$49,650
Implied multiple
n/a
Price includes the property
Brief
  • Permanent letting management rights on Bribie Island, one hour north of Brisbane
  • 24 units in letting pool; 100% occupancy; 19-year agreement term
  • Beachfront location with pool, sauna, and tennis court
  • Manager's unit: 2 bed, 2 bath — no requirement to live onsite
  • No set office hours; option to live onsite or offsite per body corporate agreement
  • Strong local rental market with continuous residential development in the area