EARN BIG WITH THIS NEW MLR BUSINESS-ONLY IN NEWPORT’S MASTERPLAN

Here’s your perfect chance to secure a lucrative business-only management rights with a high net profit and work with flexibility in a serene coastal setting!

This is a newly established permanent caretaking and management rights business overlooking Newport Lake on the Redcliffe Peninsula and roughly 30 minutes from Brisbane airport.

  • Net profit $256,224 per annum
  • No real estate to own or requirement to live onsite
  • No set office hours giving managers great flexibility in running the business
  • Large 38sqm office and 16sqm storage both under Occupational Authority
  • Body corporate salary of $178,646 per annum
  • 24 years remaining on accommodation module caretaking and letting agreements
  • Total of 124 lots with a combination of poolside villas, townhouses and apartments
  • Letting pool has 20 units under permanent rental
  • Future upside with switchover to investor-led apartments
  • Gorgeous water views from apartments and some private marina berths
  • Podium level swimming pools with landscaped gardens and outdoor seating
  • 350m walk to Marketplace with supermarkets, key retailers, gym and cafes
  • Inspections by appointment only
Jeff Keast

Interested? Why not give Jeff Keast a call on 0414 669 007 or