Wynnum West, Queensland
Business Only with High $225.9K Net Profit + Luxury Amenities
$895,000 Business Only
Business Description
Exceptional Management Rights Opportunity at Adena Residences – Wynnum West
Construction has commenced
Luxury Living Meets Strong Returns in Brisbane’s Booming Redlands
Discover a rare opportunity to secure management rights at Adena Residences, a stunning new development combining coastal charm with urban sophistication. Currently under construction, this low-rise complex will feature 105 luxury apartments paired with world-class amenities designed to attract discerning residents and investors alike.
Why Adena Residences Stands Out :
Resort-Style Amenities
Residents will enjoy a premium lifestyle with access to:
A sparkling pool for relaxation and leisure.
A fully equipped gym to stay fit and healthy.
A rooftop terrace with breathtaking views.
BBQ areas perfect for social gatherings.
Secure underground parking for peace of mind.
A sauna and steam room for ultimate rejuvenation.
Prime Location in Wynnum West
Located just 16 minutes from Brisbane’s CBD, Adena Residences is nestled in the thriving Redlands area, which is set to play a pivotal role in Brisbane’s future growth:
Future Olympic Venues: Redlands is poised to shine on the world stage during the 2032 Olympics.
High Demand Location: Proximity to schools, shops, transport, and Brisbane’s bayside lifestyle makes Wynnum West a magnet for investors and residents.
The Management Rights Opportunity
This package is designed for both profitability and ease of management:
Projected Body Corporate Salary: $105,000 per annum.
Projected Net Profit: $225,900 per annum.
Agreements: A new 25-year Accommodation Module ensures long-term stability and a streamlined management experience.
Low Workload: Requires only phone availability during business hours.
Developed by Heran:
Heran’s reputation for delivering premium residential developments ensures a high-quality investment that will stand the test of time. Adena Residences is more than just a business—it’s a chance to be part of the Baysides transformation into a thriving hub of growth and opportunity.
Key Highlights
Luxury Lifestyle Appeal: Attract high-income residents seeking premium amenities.
Olympic-Driven Growth: Benefit from rising demand in Redlands as Brisbane prepares for the 2032 Games.
Secure Long-Term Agreements: A 25-year term offers stability for the future.
Strong Financials: $225.9K projected net profit + $147K body corporate salary.
Don’t Miss This Unique Opportunity
This is your chance to step into one of Brisbane’s most exciting growth corridors with a management rights business offering excellent returns, low workload, and a premium lifestyle.
Contact Joel McCartin at RAS360 today to learn more or arrange a viewing.
RAS360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks
Your trusted partner for accommodation business success.
Business Summary
Business Snapshot
Price: $895,000 Business Only
Net Profit: $225,900 Remuneration / Body Corp Salary: $147,000
Complex Information
Complex Type: PermanentTotal Units in Complex: 105Total Units in Letting Pool: 30Owner Occupy Units: 75Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
Key Insights:
1. The business is currently under construction, providing an opportunity for the new owner to be involved in the development process.
2. The complex offers luxury amenities, including a pool, gym, rooftop terrace, BBQ areas, and secure parking, making it attractive to high-income residents.
3. The location in Wynnum West, just 16 minutes from Brisbane's CBD, is a high-demand area with easy access to schools, shops, and transportation.
4. The management rights opportunity offers a projected net profit of $225,900 per annum and a projected body corporate salary of $105,000 per annum.
5. The agreements are for a 25-year term, providing long-term stability for the business.
6. The workload for the business is low, requiring only phone availability during business hours.
7. The development is being undertaken by Heran, a reputable company known for delivering high-quality residential developments.
8. The complex is expected to benefit from the 2032 Olympics, which will be held in Brisbane, driving demand in the Redlands area.
9. The business is being offered for sale at $895,000, providing a unique opportunity for the new owner to step into a thriving growth corridor.
10. RAS360 is a trusted partner for accommodation business success, offering expertise in management rights, motels, hotels, pubs, and parks.
