Wynnum West, Queensland

Great Management Rights Business and Beautiful Bayside Lifestyle

SOLD

Business Description

- Net Income $170,100, Asking for $1,347,000 in total
- Ideally located in the Leafy, Bayside suburb of Wynnum West
Within strolling distance to beach, parklands, walking paths, boat jetty and the stunning bay
The golf course, shopping centres, medical centres, restaurants, cafes, childcare and schools are just a few minutes away
Wynnum West is ideally located approximately 15km to Brisbane CBD and Brisbane Airport, within 1 hour to Surfers Paradise Gold Coast
- Well- presented complex provides the perfect environment to relax in
- Very well run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 22+ years left on a 25 years accommodation module
- A great manager remuneration $92K with annual adjustment of CPI or 3%, which is greater
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence
Freestanding Lowset house, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, one separate toilet, double garage and a large rear patio and entertaining backyard area
- Large on-title office, no office hour
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle

This is a rare opportunity to purchase such a beautiful lifestyle permanent management right! Come and take a look we are sure you will be impressed!

Business Summary

Complex Information

Marketing Agent
David Jiang
David Jiang

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

Key Insights:
1. Ideal location in the leafy, bayside suburb of Wynnum West, within walking distance to the beach and other amenities.
2. Well-presented complex with a relaxing environment.
3. Well-run business with documented procedures.
4. Supportive and fantastic Body Corporate.
5. Long agreement with 22+ years remaining.
6. Great manager remuneration with annual adjustments.
7. Low turnover of tenants, minimizing inspections and paperwork.
8. Modern and spacious manager residence with a large backyard.
9. Large on-title office with no office hours.
10. Suitable for a family or semi-retired couple looking for a solid income and great lifestyle.
11. Rare opportunity to purchase a beautiful lifestyle permanent management right.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Strong Nett Profit$118k delivering ROI 10.4%
Ras360
Strong Nett Profit$118k delivering ROI...

MANLY WEST

$1,319,000

Net Income: $118,434
Managers Estate: $820,000 3 Bed 2 Bath
Letting Pool: 42
Remuneration: $89,603

Wynnum West: Exceptional Management Rights Opportunity
Ras360
Wynnum West: Exceptional Management Rights...

WYNNUM WEST

$1,300,000

Net Income: $101,210
Managers Estate: $850,000 3 Bed 2 Bath
Letting Pool: 39
Remuneration: $85,335

Exceptional Business-Only Management Rights - South Bank | Resort Brokers ID : MRB008539
ResortBrokers
Exceptional Business-Only Management Rights...

SOUTH BRISBANE

Under Contract / Offer

Net Income: $213,104
Managers Estate: - - Bed - Bath
Letting Pool: 68
Remuneration: $151,537

Profitable Management Rights with $128K Nett Income in a Bayside Gem!
Ras360
Profitable Management Rights with $128K...

MANLY WEST

$519k MR & $849k Unit = Total $1.368M

Net Income: $128,345
Managers Estate: - 3 Bed 2 Bath
Letting Pool: 58
Remuneration: $96,663

Solid Permanent and Large Residence in Spring Hill
Next Business & Property Sales
Solid Permanent and Large Residence in...

SPRING HILL

$1,401,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Big Nett with Large Remuneration and One Bed Manager Residence
Next Business & Property Sales
Big Nett with Large Remuneration and One...

BULIMBA

Business $1,454,055 + One Bed Manager Unit

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Highly Awarded Permanent
Beautiful Location FHGC before the Tourism Season
Leasehold Beachfront Tourist Park
Gold Coast's Premier Management Rights Opportunity – Coolangatta Beachfront Icon
Restaway Holiday Units
Acquire Management Rights in Eagleby - Flexible, Profitable, and Stable | Resort Brokers ID : MR008726
BUSINESS-ONLY TOWNHOUSE COMPLEX WITH FUTURE UPSIDE! | Resort Brokers ID : MRB008732
Rare to Dunedin - FHGC Motel - Vendor Finance
Retirement Village Management Rights – Exceptional Opportunity
Low-Maintenance, Caretaking only in Prime inner-city fringe Location | Resort Brokers ID : MRC008739
BRAND NEW, PREMIUM ECO-RESORT ON 21 HA, INCLUDING 1KM of PRIVATE MARINA FRONTAGE | Resort Brokers ID : FH008715
THIS IS THE ONE - +$850K NET PROFIT, PERFECTED LOCATED GOLD COAST HOLIDAY RESORT | Resort Brokers ID : MR008736
Exceptional Management Rights in High-Growth Suburb | Resort Brokers ID : MR008729
PASSIVE INVESTMENT WITH DEVELOPMENT UPSIDE, WATERFRONT COASTAL LOCATION | Resort Brokers ID : INV008712
BRISBANE INNER-CITY, SHORT-STAY MR - $1.4M NOP | Resort Brokers ID : MR008737
Location - Does It Get Any Better Than This?
Beachside Boutique with Impressive Income and Lifestyle | Resort Brokers ID : MR008720
Exclusive - Waterfront Management Rights with $526K Net Profit - ID 9199