An outstanding opportunity to acquire a well established permanent management rights business within the highly regarded Brightwater community on the Sunshine Coast.

Aspect North comprises two adjoining modern townhouse complexes with a total of 123 residences and 48 properties currently in the permanent letting pool. The business has been operated by the same management couple for almost ten years, providing incoming owners with proven systems, an established letting pool and strong working relationships with both Body Corporates.

The complexes are well presented and designed for straightforward operation, with common facilities including a swimming pool, BBQ area, gazebo, landscaped grounds and CCTV. Equipment required to perform the caretaking duties is also supplied by the Body Corporate.

25 year agreements from 2023 providing excellent long term security. The attractive Body Corporate remuneration is reviewed annually in line with CPI, while the permanent letting component provides a reliable and consistent income stream.

There are no set reception hours. The manager is simply required to be contactable by phone during normal business hours from 9:00am to 5:00pm, Monday to Friday, offering considerably more flexibility than many comparable management rights businesses.

A separate, air conditioned onsite office with storage is located on title and is positioned away from the manager’s residence, allowing the home to remain private.

Brightwater is one of the Sunshine Coast’s most popular residential communities, offering local shops, cafés, schools, walking paths and recreational facilities. Mooloolaba Beach, the Maroochydore CBD, Sunshine Coast University Hospital and major transport connections are all within easy reach.

This opportunity would suit an experienced operator, first time management rights buyer or couple seeking a secure permanent business with a quality residence and an appealing coastal lifestyle.