Wynnum West, Queensland

Off The Plan Development - 105 Apartments Over 5 Levels - ID 9071

$1,772,500

Business Description

Brisbane Management Rights For Sale
Wynnum West

- Stunning, architecturally designed building with sleek, modern finishes
- Featuring landscaped roof top gardens with 360 degree views across Brisbane
- Potential upside with second tower in the planning stages
- 2 bedroom, 2 bathroom Manager's apartment with tandem carparking
- Easy access to Wynnum beach, Moreton Bay, clubs, schools, parklands and shopping centres
- Just 30 minutes to Brisbane
- Body Corporate salary of $63,000

Completion date is yet to be confirmed which will suit anyone with long term plans in the Management Rights industry. The final price will be subject to clawback conditions depending on the final numbers in the letting pool.

Net Profit: No Projections Provided
Asking Price: $1,772,500 (Inclusive of manager's real estate)

For further information on this off the plan Management Right business opportunity contact:

Management Rights Broker
Ben Lynn

Property Code: 545

Business Summary

Business Snapshot

Price: $1,772,500 Remuneration / Body Corp Salary: $63,000

Managers Unit

Value of Managers Apartment: $975,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Two-bedroom, two-bedroom apartment with two parking spaces. Kitchen features engineered stone benchtops, glass splashback, ample pantry spcae, stainless steel European applicances and timber flooring.

Complex Information

Complex Type: n/aTotal Units in Complex: 105Agreement Module: AccommodationAgreement Term: 25 yearsPool: YesGym: YesBBQ Area: Yes
Marketing Agent

Key Investment Insights

- Stunning, architecturally designed building with modern finishes creates a desirable living environment for potential tenants
- Rooftop gardens with 360 degree views offer a unique and attractive feature for residents
- Potential for future growth with plans for a second tower in the works
- Manager's apartment is a spacious 2 bedroom, 2 bathroom unit with tandem carparking, providing comfortable living quarters for the on-site manager
- Convenient location with easy access to Wynnum beach, Moreton Bay, clubs, schools, parklands, and shopping centers
- Close proximity to Brisbane, making it an ideal location for commuters
- Body Corporate salary of $63,000 provides a steady income for the manager
- Completion date yet to be confirmed, providing an opportunity for long-term plans in the management rights industry
- Final price subject to clawback conditions, depending on the final numbers in the letting pool
- No projections provided for net profit, allowing for potential for growth and improvement under new management
- Includes manager's real estate in the asking price, providing a potential investment opportunity for the new owner.
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