Burdell, Queensland
Newly Built Permanent Management Rights Opportunity - Northshore Residences Townsville (Business Only)
$324,900
Business Description
This is an outstanding opportunity to secure permanent management rights to a brand-new luxury residential development in one of Townsville’s fastest-growing communities. Located in the highly sought-after Northshore Residences in Burdell, this management rights business presents strong income with no unit to managers to purchase.
Key Features:
- Net BC Salary: $48,000 + GST *Approx
- Total Lots: 48
- Letting Pool: 43
- Current Weekly Rents: $430–$450 per week
- 25 Year Agreement
- Accommodation: Brand-new luxury 4-bedroom villas
Northshore Residences is ideally positioned to benefit from consistent tenant demand due to its proximity to major employment, education, and retail hubs. Situated just off Woolcock Street, Burdell offers seamless connectivity to the wider Townsville region via the A1 highway, making it highly attractive for professionals and families alike.
The surrounding area is a hub of convenience, featuring two major shopping centres—North Shore Shopping Centre and Stockland Townsville—plus a wide range of essential amenities including medical services, health and wellness providers, retail stores, casual dining, and takeaway options.
Whether you’re a seasoned operator or entering the management rights space for the first time, this turnkey opportunity offers modern, low-maintenance residences and a reliable income stream in a thriving community.
Call Rebecca for further information.
Net Profit: $130,000 *Approx.
Price: $324,900
Property Code: 72
Business Summary
Business Snapshot
Price: $324,900
Remuneration / Body Corp Salary: $48,000Body corp salary review: CPI Annually
Complex Information
Complex Type: PermanentTotal Units in Complex: 48Total Units in Letting Pool: 43Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesBBQ Area: Yes
Key Investment Insights
1. Newly built permanent management rights opportunity in a highly sought-after residential development in Burdell, Townsville.
2. No unit to purchase for managers, providing a strong income stream.
3. Net BC Salary of $48,000 + GST (approx.).
4. Total of 48 units in the complex, with 43 in the letting pool.
5. Current weekly rents ranging from $430-$450 per week.
6. 25 year agreement in place.
7. Accommodation consists of brand-new luxury 4-bedroom villas.
8. Ideal location for consistent tenant demand, with proximity to major employment, education, and retail hubs.
9. Conveniently located near two major shopping centers and a wide range of essential amenities.
10. Turnkey opportunity for both seasoned operators and first-time management rights owners.
11. Modern, low-maintenance residences providing a reliable income stream.
12. Net profit of approximately $130,000.
13. Price of $324,900.
14. Property Code: 72.
