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First National Cleveland's Wynnum Manly Purchase Nears 1,000-Property Mark

First National Cleveland's acquisition of Wynnum Manly brings its managed portfolio to just under 1,000 properties, marking a full-circle moment for Ryan McCann and reinforcing the office's top sales ranking.

Elena Voss/3 min/NG

Business & Markets Editor

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First National Cleveland's Wynnum Manly Purchase Nears 1,000-Property Mark
Credit: UnsplashOriginal source

First National Cleveland's purchase of Wynnum Manly lifts its managed portfolio to just under 1,000 properties. The transaction also represents a full‑circle moment for Ryan McCann, who began his career after a spontaneous ride with seller Ken Isaacs.

First National Cleveland now operates across Brisbane City and Redland City, expanding its footprint in the Brisbane Bayside region. The merger adds the Wynnum Manly rent roll and staff to the Cleveland team, preserving service continuity for existing clients.

The acquisition brings the total managed properties to just under 1,000. Ryan McCann recalled that Ken Isaacs's unannounced invitation to ride in his car three decades ago shaped his career path, and buying the Isaacs's business now feels like a full‑circle moment. The network ranked First National Cleveland as its top sales office nationally for two consecutive years.

The enlarged portfolio strengthens Cleveland's position as one of the largest real‑estate operators in the Bayside area. Retaining Kelly Isaacs as a Business Development Manager and Janelle McGregor as a senior property manager ensures expertise transfers smoothly. The office's reinvestment strategy—using franchise‑fee savings to acquire rent rolls—has produced four deals over eleven years and underpins this latest move.

Analysts will watch how the combined team leverages the expanded rent roll to pursue further acquisitions and whether the office can maintain its top‑sales ranking amid growing competition.

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