Kenmore, Queensland

Attention - Incredible Off The Plan Business Only Management Rights - $400K Net! | Resort Brokers ID : OTP007719

Under Contract / Offer

Business Description

ResortBrokers proudly presents to market an outstanding townhouse development currently under construction in an elevated position of Brisbane's elite western suburb of Kenmore. Netting over $400K, the Off the Plan business only management rights to Treetops at Kenmore has red hot appeal that will be highly-sought from experienced managers.

- High quality permanent complex
- Comprises 95 luxurious, 4 bedroom townhouses over 3 stages
- Stage One under construction with delivery in November 2023
- Strong 60% investor profile of with 57 in projected letting pool
- Brand new 25 year accommodation agreements
- No office hours and no requirement to live on site
- Solid BC salary of $1500 per lot equating to $144,000 per annum
- Beautiful common facilities including lap pool with cabanas and BBQ area
- Great variety of floorplans to appeal to a wide range of tenants
- Stage 2 & 3 are anticipated for delivery in February and March 2024
- Very little development in Kenmore creating tenant demand & continual rental growth
- Developer has reserved a luxury manager 4 bedroom, 2.5 bathroom and double garage townjouse in Stage 1
- Very close to major amenities in this popular western region
- All inspections by appointment


Date updated: 21 Jul 2024 23:00:07

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $403,104 Remuneration / Body Corp Salary: $144,000

Managers Unit

Value of Managers Apartment: $1,275,000

Complex Information

Complex Type: Off The PlanTotal Units in Complex: 96Total Units in Letting Pool: 57Owner Occupy Units: 39Agreement Term Remaining: 25 years
Marketing Agent
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