Wynnum, Queensland

Unbeatable MR with over $327k Net & Full 25-Year Term | Resort Brokers ID : MR008887

$2,338,000

Business Description

This well-established management rights business in Wynnum North generates an annual net profit of $327,960, supported by a very stable letting pool of 53 of the scheme’s 85 townhouses.

With a prime bayside location and modern complex, built in 2015, the letting component of the business is underpinned by consistently strong tenant demand.

A major standout is the managers residence - a highly appealing 3-bed, 2-bath residence which the operator is free to live in or add to the letting pool for extra income, the choice is yours. The current operator has the residence leased to a long-term tenant.

Caretaking duties are straightforward and easily managed by one person. With no set office hours, the incoming manager has full flexibility in how they run both the caretaking and letting operations, this business represents a highly desirable opportunity offering exceptional flexibility.

Recently topped-up Accommodation Module agreements to the maximum 25 years demonstrates strong support from the body corporate and provide excellent security of tenure.

Don’t miss this opportunity to secure a high-performing management rights business in a prized bayside location.

Contact Jeff today for an inspection!

- $327,960 net profit including manager's unit rental income
- $125k+ p.a. Body Corporate Salary
- Agreements topped-up to full 25-year term with supportive body corporate
- No office hours
- Long term tenant residing in manager's residence and happy to stay
- Stable letting pool ensures strong, ongoing rental demand
- Straightforward caretaking duties easly managed by one person
- Spacious 3-bed, 2-bath manager’s unit with double garage and attached office/multi-purpose room for seamless operation
- Prime bayside location near waterfront, private schools, employment/transport hubs
- Inspections by appointment only
Date updated: 12 May 2026 23:00:03

Business Summary