Net Profit: $194,386 p.a. (verified by an industry-recognised accountant)
Manager’s Residence: $699,000 (Instant Equity – independently valued between $720,000 – $750,000 and supported by recent comparable sales)
Management Rights Sale Price: $777,000 (4.0x multiplier)
TOTAL PRICE: $1,476,000
ROI over 13%
A Rare Opportunity in the Thriving Redlands Bayside
Nestled in the picturesque suburb of Thorneside, Bayside Central is a well-established, high-demand residential complex offering a lucrative management rights business with exceptional lifestyle benefits and untapped revenue potential.
Whether you’re looking for a stable, profitable income with a strong Body Corporate salary or the opportunity to expand into real estate sales, this business has everything you need to succeed.
Key Business Highlights
✅ Stable & Predictable Income:
• 20 units in the letting pool within a 104-unit complex
• 9 years remaining on agreements (recently topped up for the second time under current ownership)
• Supportive Body Corporate ensuring business stability
✅ Growth Potential:
• The current MR operator does not sell real estate, providing an excellent opportunity to develop a highly profitable sales business.
• 12 property sales in 2024 alone, with unit recent prices exceeding $700,000, demonstrating strong demand and opportunity for the right operator….Real Estate standard commission is 2.5%………..Wow!!!!!
✅ Resort-Style Complex:
• Recently refurbished lagoon pool
• Summer house for residents’ entertainment
• Tennis court & children’s playground
✅ Immediate Equity in Manager’s Residence:
• Priced at $699,000, but independently valued at $720,000–$750,000
• Spacious 3-bedroom, 2-bathroom home with a secure car space
Why Choose Bayside Central?
Bayside Living with City Convenience
Thorneside is a hidden gem in the Redlands Coast, just 19 km from Brisbane CBD. It offers:
• Coastal lifestyle & waterfront access – perfect for outdoor lovers
• Top-rated schools & family-friendly community
• Thriving rental market & strong demand for property sales
Ideal for Entrepreneurs & Semi-Retirees
• Enjoy a substantial salary while avoiding the limitations of retiree income
• Expand into real estate sales and unlock significant additional earnings
• Minimal maintenance & a flexible workload for a great work-life balance
An Exceptional Investment Awaits!
Bayside Central presents an outstanding financial opportunity in one of Brisbane’s most sought-after coastal suburbs.
High net profit Lifestyle benefits Untapped revenue potential
Don’t miss out! Contact us today to learn more or schedule an inspection.
Ras360 – The Specialists in Management Rights | Motels | Hotels | Pubs | Parks
