Melbourne, Victoria

OUTSTANDING OFF THE PLAN MIXED-USE MANAGEMENT RIGHTS - $2.4M+ PROJ. NET PROFIT | Resort Brokers ID : OTP009363

$7,361,193

Business Description

Now under construction and due to complete in mid 2027, this large-scale off the plan complex comprises a series of residential apartment buildings offering over 250+ apartments. With the majority of apartment sales secured, a very high investor profile of sales, new 25 year Building Management Agreement and a solid OC salary close to $300,000 per annum - this is an exceptional opportunity for an experienced mixed-use operator to seize.

Projected net profit sits well over $2,000,000 to run a mixed-use management rights with a blend of permanent and short-term lettings.

Located close to Melbourne, the development sits within a popular region which has all the key drivers in place to generate successful short-term demand including proximity to transport, major hospitals, schools and universities.

Operational space is provided under Licence Agreement and there are additional options available for either rent or purchase by the selected party if desired.

Exceptional projected net profit over $2.4 million per annum
High OC salary close to $300,000 per annum excluding GST
Projected investor profile up to 95% within the complex
Currently under construction due to complete in early 2027
Premium 272 apartment complex by renowned developer
Brand new 25 year Building Management Agreement
Excellent short-term tenantabilitydue to high calibre apartments and superb location
Optional real estate to purchase securing operator with voting rights
Operational office space under EU for manager and large-scale retail lot availableto rent
All inspections by appointment only with Tim Crooks

Date updated: 01 Nov 2026 01:00:16