Wynnum, Queensland

Under Contract / Offer

Property Description

Rare Bayside Caretaking Only Opportunity - Premium Residential Building | Resort Brokers ID : MRC006425

ResortBrokers are excited to bring experienced management rights operators the chance to acquire not one, but two, pure caretaking only businesses in the vibrant bayside Wynnum / Manly area.


UDIA 2019 Finalist, Enclave is a premium residential building completed to an impeccable standard in November 2019. With no obligations to run an office, operate under specific hours or own a lot in the scheme - this is a genuine caretaking-only business that will be in high demand.

  • Comprises 60 superior residential units, over three buildings with 3 retail and 3 office spaces

  • Located within walking distance to Pandanus Beachfront, Wymmun Jetty and the Esplanade.

  • Impressive Moreton bay vistas from the rooftop apartment building

  • 2019 Finalist in two UDIA categories

  • Fully established and has been operating for 8 months.

  • Superb residential amenities with pool, sunlounge, BBQ area and rooftop lounge & lawn.

191 Stratton

Located only 4 mins away, 191 Stratton is the next high quality offering from this reputable developer DeMartini Fletcher, and is about to launch presales phase. This striking building will offer 43 high-end apartments with another two retail components to ground floor.

  • Hosts 43 modern apartments in Manly

  • Complex features stunning resort-style amenity including enticing pool & lounge area

  • Building is scheduled to commence constrution early 2021

Highlights include:

  • Brand new 25 year caretaking only agreements to both complexes.

  • Body Corporate combined salary of circa $115,000 p.a.

  • Potential to grow a letting business across both buildings.

  • No stamp duty applicable.

  • Fantastic dual add-on for experienced operator.

  • Easy access to major amenity in Wynnum and Manly regions.

NB. All inspections are by appointment only

Date updated: 17 Nov 2020 23:00:06

Property Summary

Business Snapshot

Price: Under Contract / Offer Remuneration / Body Corp Salary: $115,280

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 109Agreement Term Remaining: 25 years

Marketing Agent

Marketing Agency


Tim Crooks


Listing Tools

Property Map

Map Location ( get directions )

Wynnum, Queensland 4178 Exact map location not provided

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Net Income: $120,463
Managers Estate: - - Bed - Bath
Letting Pool: 26
Remuneration: $64,350