25 Year Security $171K Net Profit - Bayside Wakerley MLR Won't Last

Permanent Management Rights for Sale in Wakerley, QLD — $821k MR + $898k Unit = $1.719m

25 Year Security $171K Net Profit - Bayside Wakerley MLR Won't Last

Key facts

Price
$821k MR + $898k Unit = $1.719m
Location
Wakerley, QLD 4154
Type
Permanent Management Rights
Net income
$171,654 (actual)
Caretaking remuneration
$90,968
Units in letting pool
21
Total units in complex
62
Agreement term (years)
25
Agreement remaining (years)
25
Office hours
No set office hours
Bedrooms
3
Bathrooms
2
Car spaces
2
Listed by
Ras360
Listing ID
21184494
Last updated
2026-09-10

Description

Ras360 is proud to present a rare, fully topped-up, entry-level bayside management rights business in one of Brisbane's most sought-after suburbs — Wakerley. This is a genuine "buy once, relax for decades" opportunity: $171,654 net profit, agreements freshly extended to a full 25 years (through to 25 November 2050), and a caretaking role so light it barely feels like work.<br />
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Why this one stands out:<br />
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💰 $171,654 net profit — strong, stable income from day one<br />
🔒 25-year agreement — fully topped up, running to November 2050 — unmatched long-term security<br />
🏡 Low-maintenance role — nil office hours, just one pool, minimal gardens (chemicals paid by body corp, gardening support already in place, all equipment included)<br />
🛠️ Freshly presented complex — recently painted with a full roof restoration completed<br />
🤝 Supportive committee — a smooth, low-friction complex to step into<br />
🌊 Unbeatable lifestyle location — minutes to Manly, Wynnum, shopping, schools, parks and the bay<br />
The residence: Live where you work in a spacious 3-bedroom, 2-bathroom, 2-car onsite manager's unit — comfortable family-sized living within a quiet, well-presented townhouse community.<br />
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The complex: Made up entirely of 3-bedroom townhouses, giving a consistent, easy-to-let product that appeals equally to long-term tenants and investors — translating into a stable, low-churn management portfolio.<br />
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The bottom line: Long agreement, high net profit, minimal workload, supportive committee, and an enviable bayside lifestyle — this is about as close to a "set and forget" management rights business as you'll find. Opportunities like this in Wakerley don't come up often, and won't stay on the market long.<br />
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**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

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