Burdell, Queensland
Newly Built Permanent Opportunity - Northshore Residences Townsville (Business Only)
Under Contract / Offer
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: Under Contract / Offer
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. Net body corporate salary approximately $48,000 plus GST, with annual CPI review.
2. Reported net profit approximately $130,000, indicating a strong cashflow profile.
3. Asking price stated as $324,900, listing also shows status as under contract/offer.
4. Permanent management rights for a brand-new complex, 25-year agreement with full term remaining.
5. Total of 48 lots, 43 of which are in the letting pool, offering high revenue-capture potential.
6. Current advertised weekly rents $430 to $450, supporting recurring rental income.
7. Accommodation comprises modern, low-maintenance luxury four-bedroom villas, suitable for families and professionals.
8. No managers’ unit required to purchase, lowering capital outlay for incoming operators.
9. Prime Burdell location at Northshore Residences, close to major employment, education and retail hubs, supporting tenant demand.
10. Excellent connectivity via Woolcock Street to the A1 highway, enhancing access across the Townsville region.
11. Local amenity catchment includes two major shopping centres, medical and health services, retail, casual dining and takeaways.
12. Complex amenities include a pool and BBQ area, adding tenant appeal and differentiation.
