Burdell, Queensland
Business Only Management Rights: Townsville - Off the Plan Price Reduced
$325,000 - Business Only
Business Description
Introducing a prime opportunity to secure management rights for the brand-new Northshore Apartments in Townsville, a 48-unit development by Heran that offers excellent potential for growth. With a strong letting pool of 43 units and an estimated net profit in the range of $130,000 to $140,000, this off-the-plan opportunity is perfectly positioned for future success.
The management rights come with a body corporate salary of $48,000, and with Northshore Apartments being a new building, you will benefit from full-term, new agreements being entered into before settlement, providing you with a secure and stable income stream from day one.
Prime Location with High Demand Potential
Northshore Apartments is strategically positioned in Burdell, a suburb that directly feeds into the growing employment hub of Townsville and surrounding areas via Woolcock Street. The A1 is just minutes away, offering easy access to all employment locations across the greater Townsville area. The property’s close proximity to major shopping centers, education facilities, arterial roads, and public transport further enhances its appeal, ensuring strong, ongoing demand from tenants.
Business Only - No real estate to buy
Benefits of Investing in Off-the-Plan Management Rights
• Growth Potential: As the Townsville region continues to grow, the demand for quality accommodation in strategic locations like Burdell is expected to increase.
• Secure Income: Full-term, new agreements provide a stable and secure income stream.
• Modern Facilities: Being a new development, Northshore Apartments offers modern, high-quality facilities, reducing maintenance costs and appealing to tenants.
• Tax Benefits: Off-the-plan investments may offer significant tax advantages, including depreciation benefits.
This is an exceptional opportunity for a proactive manager looking to invest in a growth region with strong future potential. Contact us today to learn more about this unique investment opportunity at Northshore Apartments, Townsville!
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $325,000 - Business Only
Net Profit: $130,000 Remuneration / Body Corp Salary: $48,000
Managers Unit
Bedrooms: 4Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 48Total Units in Letting Pool: 44Owner Occupy Units: 4Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
1. Price $325,000 for business only, listing describes a price reduction.
2. Estimated net profit $130,000 to $140,000, snapshot lists net profit as $130,000.
3. Body corporate salary of $48,000 provides a guaranteed remuneration component.
4. Off‑the‑plan, brand new 48‑unit Northshore Apartments by Heran, enabling new full‑term agreements to be entered before settlement for immediate income security.
5. Letting pool comprises 44 units, with 4 owner occupy units, indicating near full pool scale for management income.
6. Agreement term 25 years, with 25 years remaining, delivering long‑term contractual continuity.
7. Managers unit included, 4 bedrooms, 2 bathrooms, 2 car spaces, supporting on‑site management capability.
8. Modern facilities from a new development imply lower initial maintenance and appeal to tenants.
9. Location in Burdell provides strong demand potential, feeding Townsville’s growing employment hub via Woolcock Street and quick access to the A1.
10. Close proximity to major shopping centres, education facilities, arterial roads and public transport enhances tenant attraction and occupancy stability.
11. Business only structure means no real estate purchase required, simplifying transaction for operators.
12. Potential tax benefits from off‑the‑plan status, including depreciation advantages that may improve cash flow.
