Manly West, QLD 4179


For Sale $1,100,000

  • Property ID: 255353
  • Floor Area: 5m²
  • Occupancy: Vacant

One of the better presented and often admired complexes on Brisbane's bayside is now offered for sale. The business supports a stable income with a guaranteed Body Corporate salary each August. The letting pool is made up of 19 units in the complex and 1 unit in the adjacent complex making a total of 20. The grounds are laid out for easy maintenance and takes just a few hours per week to attend too. The swimming pool area provides a lovely environment for the relaxation and use of the residents.
The Manager's residence is a very spacious three bedroom villa, boasting new bench tops and basins in the kitchen and bathrooms. The kitchen has plenty of storage space plus a large pantry. The open plan living area opens out to a covered patio area which provides privacy while relaxing or entertaining. There are 3 generously sized bedrooms, all carpeted with built-in robes and two with air-conditioning. Living areas are tiled. The office has internal access and is on title. The double garage is currently divided by an internal partition to provide for either a 4th bedroom, rumpus room or playroom for the youngsters and is air conditioned. It can easily be converted back to a double garage if desired.
The location lends itself to to all those creature comforts we need in life from a range of educational state and private schools, including Moreton Bay Girls and Boys Colleges, child care facilities within 3 kilometres, medical centre only 180m walk and shopping centres with Woolworths and IGA Supermarkets less than a kilometre away. Transport needs are provided by train with the station being 4 kms away and buses just a short walk from the complex. There are numerous sporting grounds closeby and a 10 minute drive will have you on the Manly waterfront with its' cafes, restaurants and Royal Queensland yacht Squadron headquarters.

If you are looking to enter the Management Rights Industry or just wanting a change of pace from that larger complex please don't let this opportunity pass you by.
Contact your RAASRights Broker or Jim Prentice 0412,984,684 or E to arrange an early inspection.

Wide asphalted roadways in complex.
Easy maintained grounds. About 12 hours p/week in summer.
Building exteriors painted 4 years ago.
Large equipment storage shed.
Office has external access for residents.

Manly West Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $480 ---
Retail $6471 $740 11.44%
This is the average advertised price, rent and yield for Manly West, QLD 4179*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

RAAS Brisbane

4/116 Compton Road, Underwood, QLD 4119

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Fenero - Bespoke Finance
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Property Detail Notes:

  • Disclaimer - We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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