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
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