Off the Plan Permanent - Sunshine Coast
Off the Plan Permanent - Sunshine Coast
Off the Plan Permanent - Sunshine Coast
Off the Plan Permanent - Sunshine Coast

Off the Plan Permanent - Sunshine Coast

$1,129,000 Exclusive

Moko is a mixed-use development that comprised of 55 residential apartments, over 1,700sqm of retail/commercial including a waterfront restaurant and commercial space that occupies both the ground and first floors. This will be completed in stages.

Key Features

  • Consists of 11 x 3 bedroom townhouses of which all have been sold with 8 of these to investors and 3 to owner occupiers. First stage to open approximately Dec 2017
  • The managers residence will not be available to be occupied until stage two – approx June 2018
  • Located in the largest growth area on the Sunshine Coast
  • The managers residence consists of three bedrooms two bathrooms a media room and a large outdoor entertaining area
  • 55 units in total with 34 projected in the letting pool
  • $90,000 body corporate salary on completion of all stages
  • Detailed Information memorandum available on request

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004922
Property Type: Management Rights
Region: QLD - Sunshine Coast
Suburb: Birtinya Island
Sale Type: Management Rights - Off the Plan
Net Profit: $151,256 Projected
Price: $1,129,000

Listing Agent(s)

Agent Feedback

I’ve been in the Management Rights business for 15 years and have only used Resort Brokers for transactions. Almost a decade ago Glenn Millar successfully managed my sale of Oceans Mooloolaba. Five years ago I bought The Rise Noosa through Glenn and also sold it through him recently. As always Glenn has been totally professional, is well respected and knows the industry like few others. My Company also recently acquired Peppers Hervey Bay (now known as Oceans Resort & Spa Hervey Bay). This was a particularly complex transaction but, again, Glenn handled his part most effectively.

- Gary Rice
Chairman,
Oceans Resort & Spa, Hervey Bay

Glenn was always accessible by phone and returned calls promptly when he was not available. He always obtained answers to any questions that we had during all of the above processes.We would not hesitate to recommend Glenn to any potential client.

- V Galle and S Boughton OCEANS MOOLOOLABA

We recently sold our management rights business “La Mer Apartments” in Sunshine Beach. After purchasing the business eight years ago through Glenn Millar from Resort Brokers we had no hesitation in contacting him again to get the sale process underway, once we had made a decision to move on. The sale of our complex was quick and easy, and Glenn handled the process in a very thorough and professional way. Glenn has extensive knowledge of the management rights industry, and I would definitely recommend him to anyone contemplating buying or selling.

- Michael & Lesley Minns
Vendor,
La Mer Apartments