Birtinya, Queensland

New Birtinya MLR – A Rare Opportunity to Secure with a Leading Developer | Resort Brokers ID : OTP008916

$4,648,451

Business Description

Highly anticipated is the upcoming completion in early 2026 of Habitat Development Group's 200-strong twin tower apartment complex overlooking Lake Kawana. St Clair is a genuine ‘business only’ management rights that is an excellent add-on for an experienced operator and will place them in pole position to acquire the future rights to Esperance - Habitat's neighbouring development boasting a further 175 apartments and scheduled to finish in late 2027. Potentially providing area dominance to the successful operator.

Based on brand new 25 year accommodation agreements, St Clair is governed by one Body Corporate scheme and provides a Body Corporate salary of $336,000 plus GST. The projected net profit of $845,173 is verified by industry accountants Holmans, and is based on solid investor sales with circa. 70% expected in the onsite letting pool.

The complex enjoys a prime position on the doorstep of Stockland’s $5 billion Oceanside Kawana development, which includes Oceanside Health Precinct Village Park and will provide long-term rental demand by professionals and provides potential short-term rental appeal for lot owners.

- Well-advanced in its construction St Clair is due to complete by Q2 2026
- Business-only management rights offering a total of 200 high quality apartments over two towers
- Strong investor sales with over 70% expected in the on-site letting pool
- Brand new 25-year Accommodation Module caretaking and letting agreements
- Body Corporate salary of $336,000 p.a ex GST
- Verified net profit of $845,173 by industry specialist accountants Holmans
- No set office hours, no residential real estate to purchase and no requirement to live onsite
- On title 22 sqm manager’s office in Tower 1 plus four storage areas under exclusive use - $137,500
- Beautifully designed amenities including 25m lap pool, dining room with outdoor area and rooftop terrace
- Zoned and approved for short-term letting with a three-night minimum permitted under the by-laws
- Strategic position ensures long-term rental demand from professionals working within the medical precinct
- Direct access to Bokarina and Kawana Beach via a dedicated bikeway that runs beneath Nicklin Way
- Opportunity to acquire future rights to Habitat's neighbouring development Esperance
- All inpsections by appointment only
Date updated: 02 Oct 2025 23:00:02

Business Summary