Newstead, Queensland

MIRVAC'S LATEST RIVERSIDE MANAGEMENT RIGHTS TO GO TO MARKET | Resort Brokers ID : OTP007827

Under Contract / Offer

Business Description

ResortBrokers is excited to exclusively bring to market the off the plan management and letting rights to Quay and Isle residences; the latest stages of Mirvac's masterplanned Waterfront Newstead precinct. These two prestigious complexes are one of the few, select groups of large-scale off the plan developments to come to market in recent years making this a very exciting and rare opportunity.

- Quay is due to be delivered in June 2024 with Isle to follow in 2025
- Brand new 25 year accommodation module agreeements
- Combined BC Salary of $323,500 and additional concierge salaries totalling $103,600
- Each tower has a unique high-rise design with 25 storeys, ground level retail and river setting
- No requirement to live on-site or own in the scheme

Quay

- High-rise permanent complex with 135 apartments
- Impressive rooftop with pool, sauna, lounge pods, barbecue and herb gardens
- Beautiful lobby with lounge, wellness centre offering yoga rooms and gymnasium
- Level 2 resident's lounge has a dining area, wine room and kitchen facility

Isle

- 124 premium apartments offering 1, 2, 3 & 4 bedrooms designs
- 20m lap pool, sauna, magnesium spa, treatment rooms, BBQ area and cocktail bar
- Fitness centre and private workstations, meeting rooms and kitchenette on Level 2
- Office and concierge desk attached under Occupational Authority

This is one of the latest off the plan opportunities in Newstead with prime park front and river facing real estate.
All inspections are by appointment only.
Date updated: 07 Apr 2024 23:00:13

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $565,877

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 259Agreement Term Remaining: 25 years
Marketing Agent
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Price Drop - Compact Caretaking-Only MR in Brisbane's Inner-North | Resort Brokers ID : MRB008143
ResortBrokers
Price Drop - Compact Caretaking-Only MR in...

CLAYFIELD

All reasonable offers considered

Net Income: $30,409
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration: $30,409

Building Management  Services Agreement - Coronation Towers
Diverse Group of Companies
Building Management Services Agreement -...

24 Dunmore Terrace AUCHENFLOWER

Expressions of Interest closing 16/10/23 @ 5:00pm

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Streaky Bay Islands Caravan Park
Substantial CBD investment
Exclusive - NO REQUIREMENT to Live Onsite & Extra Rental Income – ID 9129
Majestic Ocean Views - ID 8423
AN OUTBACK MOTEL AND CARAVAN PARK OASIS WITH SOLID RETURNS - 1437ML
Exclusive - Navigate Towards Success in Hervey Bay- ID 9127
NOP $315K BUSINESS-ONLY MLR PORTFOLIO WITH NO COMMON FACILITIES | Resort Brokers ID : MRB008205
Outrigger: Where Hospitality Meets Profitable Waves, Surging with Over $377k in Net Profit!
Ill Health Requires Sale - Performing Very Well
Unlock Robina's Location: Net Profits over $141,000 in a Vibrant Business Hub!
Money Maker Holiday Park Close to Town Centre
Retiring Seller - Owner Must Sell!
Prime Business Only Fortitude Valley Management Rights: Lucrative Opportunity Awaits! 🌟
POPULAR REGIONAL MOTEL LEASEHOLD - 1642ML
$511K Net, No Pool, No Garden – ID 9134
EXCEPTIONAL LIFESTYLE WITH A SIMPLE COMMUNITY BASED COUNTRY PUB IN THE MIDDLE OF TOWN - 52HF
Terminus Hotel
Brassall Retirement Village. very low multiplier