OFF THE PLAN EXPRESSIONS OF INTEREST CIRCA $3.4M
Expressions of Interest Circa $3.4m - An opportunity exists to purchase the Management Rights, "Off The Plan" of this contemporary modern building. Construction is planned to commence mid 2017 with completion around end of 2018. Offering the perfect option in letting accommodation for corporate or holiday stays and families, this new apartment hotel will offer a competitive mix of apartment configurations. All units to investor owners will be sold complete with furniture pack. The property will comprise a total of over 100 apartments with most projected as being available for the onsite management letting pool. A Claw-back/Claw-forward will be applied in the price per apartment available for the rental pool. This is an excellent opportunity to purchase a top building "off the plan". Expressions Of Interest are invited. For further information on this opportunity contact Calvin Bailey.
Business SnapshotPrice: Net Profit: $585,000
Complex InformationAgreement Module: AccommodationAgreement Term: 25 years