Hamilton, Queensland
Rivello Off The Plan, Riverfront, Business Only Management Rights | Resort Brokers ID : OTP007156
Under Contract / Offer
Business Description
ResortBrokers exclusively presents a rare gem in today’s market. A large-scale, high quality, off-the-plan management rights, with no requirement to live on site and no set office hours.
Rivello comprises 147 apartments over 21 storeys
- Mix of 1 bed, 2 bed, 3 bed and luxury penthouse apartments
- Latest offering from renowned developers, Brookfield Residential Properties
- Roof-top pool, private function rooms, outdoor gardens, BBQ areas
- Under construction and due to be delivered in late 2023
- 50M river frontage location, just 6 kilometres from the Brisbane CBD
- Anticipated investor profile of 52%
- Apartments are 98% sold (penthouses retained)
- Body Corporate Salary of $142,500 p.a.
- Rare large-scale, ‘business only’, off-the-plan MR opportunity
Inspections by appointment only
Expressions of interest close Friday 12 August 2022 at 5pm aest Date updated: 26 Nov 2023 22:00:07
Business Summary
Business Snapshot
Price: Under Contract / Offer
Remuneration / Body Corp Salary: $142,500
Managers Unit
Complex Information
Complex Type: Off The PlanTotal Units in Complex: 147Total Units in Letting Pool: 77Holiday Units: 77Owner Occupy Units: 70Agreement Term Remaining: 25 years
Key Investment Insights
1. Rare opportunity to acquire a large-scale, high quality, off-the-plan management rights business.
2. No requirement to live on site and no set office hours.
3. Comprises 147 apartments over 21 storeys, including a mix of 1 bed, 2 bed, 3 bed, and luxury penthouse apartments.
4. Developed by renowned developers, Brookfield Residential Properties.
5. Offers a range of amenities such as a roof-top pool, private function rooms, outdoor gardens, and BBQ areas.
6. Located on a 50m river frontage just 6km from the Brisbane CBD.
7. Anticipated investor profile of 52%.
8. Apartments are 98% sold, with only the penthouses retained.
9. Body Corporate Salary of $142,500 p.a.
10. Rare large-scale, 'business only' off-the-plan management rights opportunity.
11. Expressions of interest close on Friday 12 August 2022 at 5pm AEST.
