First National Real Estate Cleveland has acquired First National Real Estate Wynnum Manly, bringing its managed portfolio to just under 1,000 properties and expanding its footprint across both Brisbane City and Redland City markets.
The merger expands First National Cleveland’s reach into both Brisbane City and Redland City markets, reinforcing the office as one of the most significant real estate operators across the Brisbane ‘Bayside’ region.
For Ryan McCann, the transaction carries personal as well as commercial weight.
His connection to the Isaacs family spans nearly three decades.
It was seller Ken Isaacs who first introduced a teenage Ryan to real estate, driving him around for a day to show him what the industry looked like in practice.
“Ken turned up unannounced and told me to get in his car,” Ryan said.
“I didn’t want advice from my own father at the time, so Ken’s influence was everything. To now have the opportunity to acquire the Isaacs’ business, almost thirty years on, is genuinely full circle.”
The connection runs deeper still.
Ken Isaacs and Ryan’s father worked together in Capalaba in the 1980s, and the two families remained close.
When Ryan later joined First National Real Estate, it was his positive experience with the network that affirmed Ken and Kelly Isaacs’ decision to also join First National.
Principal of First National Wynnum Manly, Kelly Isaacs – who has been a First National member for ten years and currently serves as Queensland Regional Council Chair – will not be leaving the network.
She joins First National Cleveland as a Business Development Manager.
Her senior property manager, Janelle McGregor, also joins the Cleveland team, ensuring continuity of service for clients transitioning from the Wynnum Manly office.
“The quality of Kelly’s rent roll spoke for itself,’ said Lisa Turner, who led the due diligence process.
“What you find in a portfolio reflects how a business has been run. This one was in exceptional order.”
Ryan has long credited First National’s not-for-profit cooperative brand model as a direct enabler of the office’s growth strategy.
Savings on franchise fees have been systematically reinvested into rent roll acquisitions – a disciplined approach that has produced four acquisitions over eleven years.
First National Cleveland’s trajectory since 2014 reflects what sustained reinvestment in the right markets, with the right people, can produce.
The latest acquisition is consistent with that approach.
The agency has been ranked the First National network’s number one sales office nationally for the past two years consecutively.