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A TOUCH OF BEVERLEY HILLS BY THE BAYâ GREAT HOME&SECURE BUSINESS | Resort Brokers ID : MR008964
$1,300,000
Permanent Management Rights, Ormiston QLD
ResortBrokers is excited to present to the market a management rights opportunity in Ormiston a well-maintained complex in the thriving bayside. This exclusive management rights business and associated real estate offers the perfect work-life balance.
This tropical oasis features stunning facilities and 62 high-quality homes built by Mirvac. The business includes a low-set freestandingmanagers residence with office, a standard module 10-year agreement, and a body corporate salary exceeding $137,000, representing 95% of total income
With a manageable letting pool and easy-to-manage workload, its the perfect opportunity for a first-time buyer or seasoned operator looking fora secure income, a great family home, and the freedom to enjoy the bayside lifestyle.
- Rare low-set, free-standing 3-bedroom house with office on title
- Solid BC salary exceeding $137,000 - 95% of total income
- 10-year caretaking and letting agreements - fully topped up
- Excellent top-up history& supportive committee
- Exceptional grounds with central swimming pool, water feature& gardens
- Convenient position, three minutes to Ormiston train station
- 1km to Ormiston College and 2km to Cleveland/Raby Bay
- Offering a sea-change location with city convenience
Contact Jeff today to make an inspection Date updated: 12 Nov 2025 22:00:02
More Information
- Total Purchase Price: $1,300,000
- Net Income: $ 138,191
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 950,000
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.
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
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?