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High-Yield Management Rights in Wynnum West | $226K Net Profit + Luxury Amenities
$797,500 MR&$975k Unit = Total $1.772M
Permanent Management Rights, WYNNUM WEST QLD
Exceptional Management Rights Opportunity at Adena Residences Wynnum West
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: $226,000 per annum.
Agreements: A new 25-year Accommodation Module ensures long-term stability and a streamlined management experience.
Managers Unit: Well-priced and designed for convenience.
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 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.
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
- Total Purchase Price: $797,500 MR&$975k Unit = Total $1.772M
- Net Income: $ 225,940
(projected)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 975,000
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.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?