Maroochydore, Queensland

Don't miss out on this rare chance to secure an OTP management rights | Resort Brokers ID : OTP006655

$799,743 (total of both stages)

Property Description

Staged Development with 85 apartments over 2 buildings, each has 5 levels. Commercial/Retail ground and residential levels are 1-4. Both stages are under construction, stage one is due for completion in the last quarter of 2021 and stage two is due for completion in the second quarter of 2022. Subject to sales, construction completion anticipated April - June 2022.



  • New 25 year agreements

  • $97,000 Body Corporate Remuneration

  • High Rental Demand Area

  • No requirement to reside onsite

  • No real estate to purchase

  • Well suited for an experienced operator

  • Office on Occupational Authority

  • Property inspections are by appointment only

Date updated: 01 Dec 2021 00:00:06

Property Summary

Business Snapshot

Price: $799,743 (total of both stages) Net Profit: $190,413 Remuneration / Body Corp Salary: $97,140

Managers Unit

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 85Total Units in Letting Pool: 23Holiday Units: 23Agreement Term Remaining: 25 years
Marketing Agent
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