FOR SALE
$2,138,000

Contact Agent For Address
Deception Bay QLD 4508

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Discover An Unbeatable Opportunity In Deception Bay - ID 9103

Permanent Management Rights For Sale
- A high-net permanent Management Rights portfolio that promises a secure and lucrative future.
- Three complexes, conveniently sharing adjoining boundaries.
- 145 townhouses with 45 of those making up the permanent letting pool.
- With no set office hours, you have the flexibility to manage your business and personal obligations with ease.
- A key advantage of this Management Rights portfolio is the streamlined management of maintenance duties. The current manager handles all maintenance duties, while additional contractors are employed for grounds keeping tasks during the summer months.
- Spacious and modern three-bedroom manager's residence. Boasting ample living space, 2.5 bathrooms, a well-equipped kitchen, covered outdoor area and backyard.
- A pet is permitted with Body Corporate approval.
- Deception Bay is a highly sought-after location, with strong rental demand and a steady influx of tenants.
This established business is the perfect investment for those seeking a profitable venture in the Management Rights industry. With long agreement terms remaining in place, you can rest assured that your income will remain stable and consistent.
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Property Details for Contact Agent For Address, Deception Bay

Building Type
Commercial
Floor Size
1m2

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About Deception Bay 4508

The size of Deception Bay is approximately 19.2 square kilometres. It has 43 parks covering nearly 25.1% of total area. The population of Deception Bay in 2011 was 19,672 people. By 2016 the population was 19,867 showing a population growth of 1.0% in the area during that time. The predominant age group in Deception Bay is 0-9 years. Households in Deception Bay are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Deception Bay work in a labourer occupation. In 2011, 55.7% of the homes in Deception Bay were owner-occupied compared with 56.2% in 2016.

Deception Bay has 8,641 properties. Over the last 5 years, Houses in Deception Bay have seen a 92.99% increase in median value, while Units have seen a 103.65% increase. As at 31 October 2024:

  • The median value for Houses in Deception Bay is $723,510 while the median value for Units is $526,686.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 88 properties listed for sale, and 44 properties listed for rent in Deception bay on OnTheHouse. According to CoreLogic's data, 502 properties were sold in the past 12 months in Deception bay.

Suburb Insights for Deception Bay 4508

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Peter Ross
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Management Rights Sales Pty Ltd
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.