Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Manly West
- State
- Queensland
- Price
- $983.8k/4.8 times MR + $920k Unit
- Category
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Solid, Lifestyle, Permanent GEM in Bayside Brisbane
$983.8k/4.8 times MR + $920k Unit
Manly West, Queensland
Solid, Lifestyle, Permanent GEM in Bayside Brisbane
This is an outstanding opportunity to buy management rights centrally in Manly West on the ever-popular Brisbane Bayside. Located close to major arterial roads, trains and bus transport providing easy access to the Wynnum/Manly Esplanade/Cleveland, CBD and the Port of Brisbane, Airport and Gateway Motorway.The community is an immaculately presented residential community, located in a quiet spot just off Wondall Road, Manly West. Walking to Wondall Road Village and within footsteps of popular cafes, restaurants, public transport, and quality schools close by; Short riding to Manly Harbour, Wynnum Jetty.
Net Income $204,969 for $983,850
Manager Residence at $920,000
Totally Asking $1,903,850
• Centrally located in the Leafy suburb of Manly West, Brisbane Bayside
• Solid Permanent MR with Net Income $204,969
• Great manager remuneration $163,713 with annual adjustment of CPI every January
• Well- presented complex provides the perfect environment to relax in
• Very well run business, all procedures documented
• Body Corporate very fantastic and supportive to work with
• Long agreement 22 years left on a 25 years accommodation module
• Small letting pool (15 Lettings in total) to give you an undisturbed lifestyle
• The turnover of tenants is very low, keeping inspections and paperwork to a minimum
• Modern and fantastic manager residence
Large lowset residence, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, single garage with additional driveaway parking and a large rear patio and entertaining backyard area
• Well-presented on-title detached office
• Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
If you want to buy a solid management right business and beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.
Features
Managers Unit
Complex Information
Business Links / Tools
Last updated: 22nd July 2026
Agency
Next Business and Property Sales
Contact
David Jiang
Next Business and Property Sales- 048150....
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