25-Year Security, $177K Net Profit: Bayside Wakerley Management Rights
Permanent Management Rights for Sale in Wakerley, QLD — $821k MR + $898k Unit = $1.719m
Key facts
- Price
- $821k MR + $898k Unit = $1.719m
- Location
- Wakerley, QLD 4154
- Type
- Permanent Management Rights
- Net income
- $177,933 (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
- 2026-10-29
Description
Ras360 is proud to present a fully topped-up, entry-level bayside management rights business in one of Brisbane's most sought-after suburbs, Wakerley. Net profit is $177,933, and the agreements have been freshly extended to a full 25 years, running through to 25 November 2050.<br />
<br />
Why this one stands out:<br />
<br />
- $177,933 net profit, with strong, stable income from day one<br />
- 25-year agreement, fully topped up to November 2050<br />
- Low-maintenance role: nil office hours, one pool and minimal gardens. Chemicals are paid by the body corporate, gardening support is already in place, and all equipment is included<br />
- Freshly presented complex, recently painted, with a full roof restoration completed<br />
- Supportive committee, so a smooth, low-friction complex to step into<br />
- Lifestyle location, minutes to Manly, Wynnum, shopping, schools, parks and the bay<br />
<br />
The residence: a spacious 3-bedroom, 2-bathroom, 2-car onsite manager's unit, so you can live where you work.<br />
<br />
The complex: made up entirely of 3-bedroom townhouses. That gives a consistent, easy-to-let product that suits both long-term tenants and investors, which translates into a stable, low-churn management portfolio.<br />
<br />
The bottom line: a long agreement, high net profit, minimal workload, a supportive committee and a bayside lifestyle location. It is about as close to a set-and-forget management rights business as you will find.<br />
<br />
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
<br />
Why this one stands out:<br />
<br />
- $177,933 net profit, with strong, stable income from day one<br />
- 25-year agreement, fully topped up to November 2050<br />
- Low-maintenance role: nil office hours, one pool and minimal gardens. Chemicals are paid by the body corporate, gardening support is already in place, and all equipment is included<br />
- Freshly presented complex, recently painted, with a full roof restoration completed<br />
- Supportive committee, so a smooth, low-friction complex to step into<br />
- Lifestyle location, minutes to Manly, Wynnum, shopping, schools, parks and the bay<br />
<br />
The residence: a spacious 3-bedroom, 2-bathroom, 2-car onsite manager's unit, so you can live where you work.<br />
<br />
The complex: made up entirely of 3-bedroom townhouses. That gives a consistent, easy-to-let product that suits both long-term tenants and investors, which translates into a stable, low-churn management portfolio.<br />
<br />
The bottom line: a long agreement, high net profit, minimal workload, a supportive committee and a bayside lifestyle location. It is about as close to a set-and-forget management rights business as you will find.<br />
<br />
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**