Wynnum West, Queensland
High-Yield Management Rights in Wynnum West | $226K Net Profit + Luxury Amenities
$797,500 MR & $975k Unit = Total $1.772M
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: $226,000 per annum.
Agreements: A new 25-year Accommodation Module ensures long-term stability and a streamlined management experience.
Manager’s Unit: Well-priced and designed for convenience.
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 Redlands’ 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: $226K projected net profit + $105K 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: $797,500 MR & $975k Unit = Total $1.772M
Net Profit: $225,940 Remuneration / Body Corp Salary: $105,000
Managers Unit
Value of Managers Apartment: $975,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 105Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
Key Insights:
1. Construction has commenced on a new luxury apartment complex, Adena Residences, in the booming Redlands area of Brisbane.
2. The complex will feature 105 luxury apartments with resort-style amenities, including a pool, gym, rooftop terrace, BBQ areas, and secure underground parking.
3. The location in Wynnum West, just 16 minutes from Brisbane's CBD, offers easy access to schools, shops, and the bayside lifestyle.
4. The management rights opportunity includes a projected net profit of $226,000 per annum and a projected body corporate salary of $105,000 per annum.
5. The agreements are for a new 25-year Accommodation Module, providing long-term stability and a streamlined management experience.
6. The manager's unit is well-priced and designed for convenience.
7. The workload for this management rights business is low, requiring only phone availability during business hours.
8. The developer, Heran, has a reputation for delivering premium residential developments.
9. The complex offers a unique opportunity to be part of the Redlands' transformation into a thriving hub of growth and opportunity.
10. The luxury lifestyle appeal of the complex will attract high-income residents, and the 2032 Olympics in Brisbane will drive demand in the area.
11. The total price for the management rights and the manager's unit is $1.772M.
12. The manager's unit has two bedrooms, two bathrooms, and two car spaces.
13. The complex is a permanent complex with 105 units and a 25-year agreement term.
14. The remaining agreement term is 25 years.
Management Rights Multiplier: 3.53
ROI Estimate: 28.33%