Albion, Queensland

Off The Plan Business-Only in inner-city fringe with projected $177k+ Net profit | Resort Brokers ID : OTP009406

Offers over $800,000

Business Description

ResortBrokers presents Nouveau, a premium, business-only, off-the-plan management rights opportunity in Albion, with projected net profit of approx. $177,877 per annum.

This 42-unit permanent residential complex is projected to deliver a body corporate salary of $63,000 per annum, supported by brand-new 25-year accommodation module agreements.

Developed by PYCO Group, Nouveau will comprise contemporary two-storey sky homes complemented by premium facilities including a rooftop pool and entertaining deck. Caretaking responsibilities will focus on maintaining brand-new common property and amenities within a tightly held inner-north location just 4 kilometres from Brisbane CBD.

With construction completion expected in early 2027, the time to secure this opportunity is now. Early engagement with investor owners will be critical to securing letting.

Nouveau presents an opportunity to secure a new management rights business in Brisbane’s desirable inner-north market.

- Projected net profit of approximately $177,877 per annum.
- Body corporate salary of $63,000 ($1,500 per lot).
- Business-only structure with no manager's unit to purchase and no requirement to live onsite.
- Brand-new 25-year accommodation module agreements providing long-term income security.
- Projected letting pool of21 units with potential for organic growth as the complex establishes.
- Manageable caretaking duties with brand-new facilities including rooftop pool, entertaining deck and landscaped gardens.
- Premium off-the-plan development by PYCO Group featuring 42 contemporary sky homes with completion expected early 2027.
- Prime Albion location 4 kilometres from Brisbane CBD with three-stop train access to Central Station and direct arterial road connections.
- Strong inner-north rental demand driven by ongoing gentrification, lifestyle amenity and proximity to major employment and transport hubs.
- Inspection by appointment only.
Date updated: 08 Nov 2026 23:00:14

Business Summary

Business Snapshot

Price: Offers over $800,000 Net Profit: $177,877 Remuneration / Body Corp Salary: $63,000

Complex Information

Complex Type: PermanentTotal Units in Complex: 42Total Units in Letting Pool: 21Owner Occupy Units: 21Agreement Term Remaining: 25 years
Marketing Agent
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