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Business Only with High $225.9K Net Profit + Luxury Amenities

$895,000 Business Only

Permanent Management Rights, WYNNUM WEST QLD

Exceptional Management Rights Opportunity at Adena Residences Wynnum West

Construction has commenced

Luxury Living Meets Strong Returns in Brisbanes 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 Brisbanes CBD, Adena Residences is nestled in the thriving Redlands area, which is set to play a pivotal role in Brisbanes 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 Brisbanes 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:
Herans 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 businessits 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.

Dont Miss This Unique Opportunity

This is your chance to step into one of Brisbanes 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.

More Information

Financial Overview

  • Total Purchase Price: $895,000 Business Only
  • Net Income: $ 225,900 (projected)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 0
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Multiplier: undisclosed
    Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.

Letting Business

  • Letting Pool: 30
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 75
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 0
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 105
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 147,000
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 25 years
    How long is the caretaking contract.
  • Agreement Remaining: 25 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 0 years
    How long has the management rights existed.
  • Office Hours: Contactable by Phone
    Required Office Hours
  • Complex Features: Beautiful Off the Plan complex0
  • Real Estate Component

  • Manager's Unit:   0 0
  • Included Real Estate: $ 0
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 0
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: yes
    Can the manager own a pet on site?
  • Unit Features:
  • Listing Agent Contact Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Joel McCartin

    Office : 0755930...
    Mobile : 0407 834 425, ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:

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    • Property ID: 21143806
    • Broker's Ref:
    • =755052
    • Last Update: 2 months ago.
    • Listing Type: Permanent
    • Price: $895,000 Business Only
    • WYNNUM WEST, QLD

    Agent Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Joel McCartin

    Office : 0755930...
    Mobile : 0407 834 425, ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:


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