Wakerley, Queensland

Reduced to Sell: 23-Year Bayside MLR, Motivated Vendors, Genuine Bargain

$762K MR & $990k Unit = Total $1.75M

Business Description

Ras360 presents a massively reduced Wakerley management rights business — freshly topped up and ready for a new operator to step straight in. Priced well below market expectations for a quick, decisive sale, this is a genuine golden opportunity in today's management rights market.

Why this is priced to move:

📉 Significantly reduced price — vendors are highly motivated after 6 successful years, relocating for their children's schooling
🔒 23 years remaining on the Accommodation Module — agreements just topped up with enthusiastic Body Corporate support
🤝 Proven, harmonious committee relationship — a genuinely supportive environment to walk into
🏖️ Prime bayside lifestyle location — minutes to Moreton Bay, Manly Harbour Village and lush parklands
🎓 Elite school catchment — keeps rental demand consistently strong year-round
⏰ No set office hours — true work-life balance, low-maintenance pool and BBQ facilities
🏠 Nominee/offsite option available — flexibility to appoint a manager and live offsite if desired
The complex: A well-presented, 57-unit complex built in 2007, offering the ultimate Brisbane bayside lifestyle for residents and an easy, low-fuss caretaking role for the manager.

The bottom line: Six years of proven goodwill, 23-year agreement security, a supportive committee and a highly motivated vendor ready to deal — this is a rare chance to secure a bayside management rights business at a genuine below-market price. Opportunities like this don't last — the vendor wants this sold now.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary