Waterfront Living with $198K Net Profit and 22-Year Security | Resort Brokers ID : MR009088

$1,800,000

Permanent Management Rights, KAWANA WATERS QLD

Wake up to water views, sea breezes and the calm of absolute lakefront living, all supported by a secure, salary-driven income stream. This rare permanent letting opportunity delivers $198,512 net profit with 67% of earnings anchored by Body Corporate remuneration and 22-year agreements in place. Positioned within a tightly held waterfront precinct near major health and commercial hubs, it attracts quality long-term tenants and offers simple, streamlined management.

A spacious three-bedroom waterfront residence completes the picture, with a detached office downstairs allowing you to leave work behind and retreat to your private sanctuary above the water. Coastal lifestyle, long-term security and blue-chip positioning, enquire confidentially to discover more.

Absolute waterfront position on Lake Kawana with a premium three-bedroom manager's residence featuring unobstructed lake and mountain views.
- The body corporate's salary of $133,461 represents 67% of the net profit, providing long-term income security independent of letting pool performance.
- Located near Sunshine Coast University Hospital and the emerging Birtinya CBD, driving demand from medical professionals and business executives.
- Swimming pool, barbecue area and secure parking support tenant retention and justify premium rents in a high-demand permanent letting market.
- Topped-up 22-year agreements with a cooperative body corporate provide longevity, security and strong resale value.
- Proximity to Birtinya's commercial and retail development supports ongoing capital growth and rental demand across the precinct.
- Quality tenant base, including doctors, nurses and allied health professionals, ensures stable occupancy and reduces turnover risk.
- Waterfront lifestyle with lake views, walking paths and coastal access, balancing income generation with quality of life.
- Inspections are by appointment only
Date updated: 26 Feb 2026 22:00:01

More Information

Financial Overview

Total Purchase Price: $1,800,000
Net Income: $ 198,512 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,100,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: undisclosed
_{Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.}

Letting Business

Letting Pool: 24
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 44
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 69
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 133,461
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 22 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: No set office hours
_{Required Office Hours}

Complex Features: Swimming pool and barbecue area

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 1,100,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 0
_{Is there a manager's office included on the title?}

Pets: yes
_{Can the manager own a pet on site?}

Unit Features: Fantastic three bedroom, two bathroom apartment on the 5th level with wonderful unobstructed views of Lake Kawana. North side and corner apartment in the best position in the complex. Many extras fitted including stunning sliding plantation shutters. Excellent schools/ University close by. Good storage.