West End, Queensland

$1,542,068 Inc. 2 bed Mgrs Unit

Property Description

Off The Plan business-only in West End with projected net over $200K! | Resort Brokers ID : OTP005849

Permanent, mid-rise management rights in prime West End location! Contemporary design with rooftop facilities, dedicated office & separate high-end manager's unit.



  • Ideal asset for an experienced operator to acquire with a strong letting proposition and manageable caretaking duties

  • Attractive projected net profit over $200,000

  • 61 superbly designed mid-rise building comprising one and two bedroom apartments

  • Fantastic views from the rooftop lounge and outdoor pool area

  • Due for completion in December 2019

  • High projected investor profile of 85% with strong pre-sales to substantiate

  • Brand new 25 year Caretaking and Letting Agreements

  • No requirement to live on-site but must own a lot in the building

  • Two-bedroom ground floor manager's unit and separate on-site manager's office

  • Three levels of secure basement parking

  • The One bring smart city-fringe living to a new level

  • All inspections are by appointment only


Date updated: 06 Dec 2019 23:00:06

Property Summary

Business Snapshot

Price: $1,542,068 Inc. 2 bed Mgrs Unit Net Profit: $209,348 Remuneration / Body Corp Salary: $73,200

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 61Total Units in Letting Pool: 51Holiday Units: 51Owner Occupy Units: 10Agreement Term Remaining: 25 years

Marketing Agent


Marketing Agency

ResortBrokers

Nathan Eades
ResortBrokers

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Map Location ( get directions )

West End, Queensland 4101 Exact map location not provided

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