Wakerley, Queensland
25 Year Security $171K Net Profit - Bayside Wakerley MLR Won't Last
$821k MR + $898k Unit = $1.719m
Business Description
Ras360 is proud to present a rare, fully topped-up, entry-level bayside management rights business in one of Brisbane's most sought-after suburbs — Wakerley. This is a genuine "buy once, relax for decades" opportunity: $171,654 net profit, agreements freshly extended to a full 25 years (through to 25 November 2050), and a caretaking role so light it barely feels like work.
Why this one stands out:
💰 $171,654 net profit — strong, stable income from day one
🔒 25-year agreement — fully topped up, running to November 2050 — unmatched long-term security
🏡 Low-maintenance role — nil office hours, just one pool, minimal gardens (chemicals paid by body corp, gardening support already in place, all equipment included)
🛠️ Freshly presented complex — recently painted with a full roof restoration completed
🤝 Supportive committee — a smooth, low-friction complex to step into
🌊 Unbeatable lifestyle location — minutes to Manly, Wynnum, shopping, schools, parks and the bay
The residence: Live where you work in a spacious 3-bedroom, 2-bathroom, 2-car onsite manager's unit — comfortable family-sized living within a quiet, well-presented townhouse community.
The complex: Made up entirely of 3-bedroom townhouses, giving a consistent, easy-to-let product that appeals equally to long-term tenants and investors — translating into a stable, low-churn management portfolio.
The bottom line: Long agreement, high net profit, minimal workload, supportive committee, and an enviable bayside lifestyle — this is about as close to a "set and forget" management rights business as you'll find. Opportunities like this in Wakerley don't come up often, and won't stay on the market long.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $821k MR + $898k Unit = $1.719m
Net Profit: $171,654 Remuneration / Body Corp Salary: $90,968
Managers Unit
Value of Managers Apartment: $898,800Bedrooms: 3Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 62Total Units in Letting Pool: 21Owner Occupy Units: 38Outside Agent Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
AI generated. Confirm details with the seller.
1. $171,654 net profit with a $90,968 remuneration and body corporate salary component.
2. Fully topped up 25 year agreements extend to 25 November 2050, providing long term operational security.
3. Low maintenance caretaking role with nil office hours, one pool and minimal gardens.
4. Gardening support is already in place, chemicals are paid by body corporate, and equipment is included.
5. Spacious three bedroom, two bathroom, two car onsite manager’s residence included within the purchase.
6. Freshly presented complex featuring recent painting and a completed full roof restoration.
7. Supportive committee and a 62 unit permanent complex, including 21 units in the letting pool.
8. Wakerley location offers access to Manly, Wynnum, shopping, schools, parks and the bay.
Management Rights Multiplier: 4.78
ROI Estimate: 9.98%
