Riverside Living Redefined: Discover Maroochy Waters Magic!
$469k MR&$870k Unit = Total $1.34M
Permanent Management Rights, MAROOCHYDORE QLD
Living in the stunning Maroochy Waters, Maroochydore, offers the perfect blend of coastal charm and modern convenience. This sought-after riverside community provides a relaxed lifestyle with all essential amenities just a short stroll away. Residents can enjoy easy access to vibrant cafes, restaurants, surf clubs, major shopping centres, parks, and the picturesque Maroochy River. Whether youre grabbing groceries, a coffee, medical advice or seeking leisure activities, everything you need is within walking distance. Maroochy Waters combines natural beauty with everyday practicality, making it an ideal place for families, professionals, and retirees alike.
Managers Unit:
This spacious and fully renovated three-bedroom, two-bathroom managers unit is a standout opportunity for those seeking comfort, convenience, and modern living. Recently renovated throughout, the unit features stylish tiles and carpet , alongside a beautifully renovated kitchen equipped with new benchtops, cupboards, dishwasher, and sleek tile work. The upgraded bathrooms boast full wall tiles, modern vanities, showers, and a new hot water system.
The apartment is designed for year-round comfort, featuring air conditioning cooling the lounge, dining room, kitchen, and master bedroom, with ceiling fans in every room for enhanced airflow. The unit includes a variety of practical features, such as a two-car lock-up garage with built-in shelving, plus an additional parking space at the front for added convenience. In the backyard, you'll find two storage sheds and a separate rear entrance, providing easy access for reversing a boat, camper trailer, or trailer. The fully fenced, private backyard is meticulously landscaped, providing a tranquil outdoor space with an alfresco covered dining area, perfect for entertaining.
Additional features like security screens, blinds are throughout the unit, and a Solar hart 6.6kW solar system helps ensure energy efficiency, and low maintenance. This property truly delivers a lifestyle of ease, style, and functionalityready for you to move in and enjoy.
Complex Details:
This freshly repainted complex offers a unique opportunity for a manager seeking a low-maintenance role in an unbeatable location. With no lifts, pool, BBQ area, or gated community, managing this property is straightforward and efficient. Responsibilities are limited to maintaining the common areas and nature strip, making it easy for one person to handle.
The location is ideal, just one street away from the beautiful Maroochydore River and moments from the Bradman Avenue boat ramp. A shopping centre is conveniently located nearby within walking distance, featuring an IGA, medical centre, pharmacy, local tavern and bottle shop. With Buderim Hospital nearby, public transport options, and quick access to key areas like Maroochy Plaza, Cotton Tree, and the motorway for travel north or south, everything you need is within reach.
This is a rare opportunity to take on a simple, low-maintenance permanent Management Rights role in a highly desirable area, offering an excellent lifestyle and easy management with a great net return. Secure this prime position today!
Key Financials & Features:
- Nett profit exceeding $126,923.
- Body Corporate Salary of $100,882 (EX. GST) with low-maintenance gardens.
- 16 units in the letting pool (out of 51), ensuring a steady income stream.
- ROI over 9.5%,
- making this an attractive opportunity for newcomers, families or couples seeking a business that has a great lifestyle.
This is a rare opportunity to acquire a highly profitable management rights business in a prime Maroochydore location. For more details, contact Geoff Hatchman at Ras360 Property Solutions today.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $469k MR&$870k Unit = Total $1.34M
- Net Income: $ 126,923
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours