FOR SALE
$519k MR & $849k Unit = Total $1.368M

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Manly West QLD 4179

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Bayside Gem – Profitable Management Rights with $128K Nett Income!

Discover a unique investment opportunity with the management rights for Moreton Bay , one of the most admired complexes on Brisbane's bayside. This well-presented property not only offers a stable income but also a guaranteed Body Corporate salary each August, ensuring financial security and peace of mind. You will not be disapointed
Business Highlights:
- Stable Income: Enjoy a reliable and guaranteed Body Corporate salary.
- Letting Pool: Manage 14 units in total—13 within the complex and 1 in an adjacent complex.
- Easy Maintenance: The grounds are designed for low-maintenance, requiring only a few hours per week.
- Relaxing Amenities: The swimming pool area provides a serene environment for residents to unwind.
Manager’s Residence:
- Spacious Villa: A generously sized three-bedroom villa, perfect for comfortable living.
- Modern Upgrades: New benchtops and basins in the kitchen and bathrooms.
- Ample Storage: The kitchen offers plenty of storage space, including a large pantry.
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Property Details for Contact Agent For Address, Manly West

Building Type
Commercial

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About Manly West 4179

The size of Manly West is approximately 5.1 square kilometres. It has 25 parks covering nearly 11.7% of total area. The population of Manly West in 2011 was 11,194 people. By 2016 the population was 11,962 showing a population growth of 6.9% in the area during that time. The predominant age group in Manly West is 40-49 years. Households in Manly West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Manly West work in a professional occupation. In 2011, 70.4% of the homes in Manly West were owner-occupied compared with 70.4% in 2016.

Manly West has 5,141 properties. Over the last 5 years, Houses in Manly West have seen a 84.22% increase in median value, while Units have seen a 103.98% increase. As at 31 October 2024:

  • The median value for Houses in Manly West is $1,136,046 while the median value for Units is $803,036.
  • Houses have a median rent of $720 while Units have a median rent of $630.
There are currently 31 properties listed for sale, and 10 properties listed for rent in Manly west on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Manly west.

Suburb Insights for Manly West 4179

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Robert Collins
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Joel Mccartin
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RAAS Property Group
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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.