Newport, Queensland
REMARKABLE BUSINESS OPPORTUNITY !!
$1,372,000
Business Description
1Agency presents an exceptional business opportunity with management rights to a distinguished waterfront property on the Redcliffe Peninsula, Queensland, comprising 113 luxury apartments and 11 townhouses, alongside 32 exclusive marina berths. Importantly, acquiring these management rights does not necessitate real estate ownership or residency at the site.
Highlights:
Annual net profit of $245,000.
25-year agreements for maintenance and leasing activities.
Located 30 minutes from Brisbane airport.
Proximity to Newport Marketplace, a $30 million retail center.
Features:
Two and three-bedroom apartments and townhouses by award-winning architects.
Premium interiors, large balconies, and resort-style amenities.
Personal marina berths for residents.
Access to parks, future retail precincts, restaurants, cafes, and shops.
Its success demonstrates strong demand for premium waterfront living in Queensland, making it a sought-after destination for residents and investors alike.
Business Summary
Business Snapshot
Price: $1,372,000
Net Profit: $245,000
Complex Information
Complex Type: PermanentTotal Units in Complex: 124Total Units in Letting Pool: 20Owner Occupy Units: 89Outside Agent Units: 6Lockup Units: 9Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: Yes
Key Investment Insights
1. This business opportunity is for the management rights to a waterfront property in Redcliffe Peninsula, Queensland.
2. The property comprises of 113 luxury apartments, 11 townhouses, and 32 marina berths.
3. The acquisition of management rights does not require real estate ownership or residency at the site.
4. The annual net profit for the business is $245,000.
5. The agreements for maintenance and leasing activities are for 25 years.
6. The property is located 30 minutes away from Brisbane airport.
7. The proximity to Newport Marketplace, a $30 million retail center, adds value to the property.
8. The apartments and townhouses are designed by award-winning architects, with premium interiors and resort-style amenities.
9. Residents have access to personal marina berths and nearby parks, retail precincts, restaurants, cafes, and shops.
10. The success of this property demonstrates a strong demand for premium waterfront living in Queensland.
11. The property is a sought-after destination for both residents and investors.
12. The total number of units in the complex is 124, with 20 units in the letting pool, 89 owner-occupied units, and 6 units managed by outside agents.
13. The agreement module for this property is Accommodation, with a term of 25 years and 24 years remaining.
14. The property has a pool for residents to enjoy.
