Newstead, Queensland

$4,855,683

Property Description

Largest Management Rights in Brisbane Run Under One Body Corporate | Resort Brokers ID : OTP004712

Resort Brokers ID : OTP004712

  • This outstanding management rights is in one of Brisbane’s most sought after precincts

  • Rare staged construction allowing two towers under the one Body Corporate whilst staggering the delivery and initial let up phases

  • Brand new 25 year agreement with an outstanding Body Corporate salary of $426,300 + GST

  • Developer/vendor has extensive experience in launching buildings and will be assisting to market the units for rent upon delivery

  • Totalling 406 apartments in a prestigious precinct, an oasis of inner city living less than 1.5km from the Brisbane CBD

  • Two towers with completion of stage 1 anticipated to be completed in April 2018

  • Both rising 20 storeys above a stunning lagoon pool and water features

  • Surrounded by wonderful restaurants cafes and amenities

  • Within walking distance to the buzz of James street and the new stylish area of the Gasworks

NB: Property inspections are by appointment only

Date updated: 26 Jul 2017 23:00:10

Property Summary

Business Snapshot

Price: $4,855,683Net Profit: $919,637 Remuneration: $426,300

Managers Unit

Complex Information

Total Letting Pool: 346Agreement Term: 25 years

Marketing Agent


Marketing Agency

Resort Brokers

Resort Brokers

Resort Brokers

Tim Crooks
Resort Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Newstead, Queensland 4006 Exact map location not provided

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