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Description: This is a rare opportunity to secure the business-only management rights for Signature on Bayview, a boutique residential complex located at 12–18 Bayview Street in the heart of Runaway Bay. With only twenty-three apartments in the building and just five of these in the letting pool, the scale of the business is both manageable and lifestyle friendly. Residents and investors are drawn to the location, positioned only moments from the beautiful Broadwater, with its waterfront parklands, walking tracks, and recreational areas, while shops, restaurants, and public transport are all within easy reach.
Signature on Bayview is a modern and well-presented three-storey walk-up complex that offers a relaxed coastal lifestyle without the hustle of a larger scheme. The property features a central swimming pool surrounded by lush tropical landscaping and a barbecue area that residents enjoy year-round. Importantly, the Body Corporate attends to the upkeep of the pool, removing one of the more time-consuming tasks for an onsite manager. With no bins to look after and no office hours to maintain, the caretaking side of this business is about as straightforward as it gets.
Financially, the business is underpinned by a reliable Body Corporate salary and a steady income stream from the letting pool. Based on the profit and loss for the 2025 financial year, the net profit sits at $63,103, reflecting a strong return when measured against the minimal workload required. Expenses are kept low, and with a clean, compact letting pool, there is scope for upside as more apartments in the building come into the rental market in the years ahead. The simplicity of the structure means that this management rights package would suit either an experienced operator looking for a low-maintenance addition to their portfolio, or a newcomer to the industry who values lifestyle and location over long office hours.
What sets Signature on Bayview apart is not only the ease of the business but also the quality of its environment. Residents enjoy the convenience of a café onsite and the calm, community feel of a boutique complex, while the broader Runaway Bay area offers shopping centres, marinas, Harbour Town, and access to the M1 for commuting. It is a lifestyle-driven business that balances profitability with ease of operation, and opportunities of this scale and simplicity in such a sought-after coastal location are increasingly hard to find.
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