Wynnum North, Queensland

UNBEATABLE BAYSIDE MR: $292K+NP, FULL 25-YEARS & NO REQUIREMENT TO LIVE ONSITE | Resort Brokers ID : MR008887

$2,450,000

Business Description

This well-established management rights business in Wynnum North generates an annual net profit exceeding $292,340k, supported by a very stable letting pool of 53 of the scheme’s 85 modern 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 manager’s apartment — a highly appealing, spacious 3-bed, 2-bath residence which the operator is free to live in or add to the letting pool for extra income.

Caretaking duties are straightforward and easily managed by one person, and with no set office hours the incoming manager has full flexibility in how they conduct the caretaking duties and letting operations.

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 to book an inspection!


- $292K+ Net Profit + extra income derived from Managers Unit
- Agreements extended to full 25-year term with supportive body corporate
- Operational flexibility — no office hours or requrement to live onsite
- 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
- Extra income potential by renting out manager’s residence
- Prime bayside location near waterfront, private schools, employment/transport hubs
- Inspections by appointment only
Date updated: 24 Sep 2025 23:00:02

Business Summary