Business Price: $499,000 (4.21x Multiplier)
Manager’s Residence: $820,000 (3 Bed | 2 Bath | Lock-Up Garage | Office)
ROI: 10.4%
Total Units: 42 | Units in Letting Pool: 11
Why Highland Ridge?
Highland Ridge offers an outstanding management rights opportunity in the heart of Manly West, one of Brisbane’s most desirable family-friendly suburbs. With a stable letting pool of 11 units (with another 3 with outside agents), strong rental demand, and a solid 10.4% ROI, this business provides a low-maintenance, high-return investment. The modern three-bedroom manager’s residence, complete with a lock-up garage and dedicated office, ensures both comfort and convenience, making it an ideal choice for those looking to combine lifestyle with income.
Highland Ridge offers long-term security with a 23 years remaining on the 25 Accommodation Module, well-maintained amenities including a swimming pool and BBQ area, and a prime location just minutes from Manly Boat Harbour, shopping precincts, and top-rated schools. With the Brisbane CBD less than 30 minutes away, easy access to the Gateway Motorway, and strong demand for rental properties in the area, this is a rare opportunity to secure a thriving business in a high-growth location.
Investment Highlights:
✔ Stable Income – A well-established business with consistent rental returns
✔ Desirable Lifestyle – Spacious, modern manager’s residence in a secure complex
✔ Growth Potential – Prime location in a growing, high-demand suburb
✔ Ease of Management – Low-maintenance business, perfect for first-time operators or experienced investors
Contact Joel McCartin today to learn more or arrange a viewing!
joel@ras360.com.au | 0407 834 425
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
