Key Investment Insights
1. Newly designed low-rise development with 105 luxury apartments in the booming Redlands area of Brisbane.
2. Resort-style amenities including a pool, gym, rooftop terrace, BBQ areas, secure parking, sauna, and steam room.
3. Strategic location just 16 minutes from Brisbane's CBD and set to play a key role in Brisbane's future with several Olympic venues planned for 2032.
4. Projected body corporate salary of $105k per annum and projected net profit of $226k per annum.
5. New 25-year agreement under the Accommodation Module for a streamlined management experience.
6. Attractively priced manager's unit and multiplier to reflect current market conditions.
7. Developed by Heran, offering not only steady returns but a rare opportunity to be part of the Redlands' rapid transformation.
8. Contact Joel McCartin from Ras360 for more information or to schedule a viewing.
9. Price of $797,500 for MR and $975k for unit, totaling $1.772M.
10. Net profit of $225,940 and remuneration/body corp salary of $105,000.
11. Manager's apartment valued at $975,000 with 2 bedrooms, 2 bathrooms, and 2 car spaces.
12. Complex type is permanent with a total of 105 units and a 25-year agreement term remaining.
Management Rights Multiplier: 3.53
ROI Estimate: 28.33%