Exclusive
OFF THE PLAN 82 APARTMENT COMPLEX IN BRISBANE NORTH - C.$250K PROJECTED NET
ResortBrokers are excited to present to the market the off-the-plan management and letting rights to The Fernery. An 82-apartment permanent business-only complex boasting a projected net profit of $243,405 per annum, with strong investor pool, brand new 25-year agreements and no residency requirements. An excellent new asset suited to experienced operators ready to expand their Brisbane portfolio.
- Brand new 25 year accommodation module agreements
- Four level apartment complex due to complete in mid-2026 developed by Honeycombes Property Group
- Governed by one Body Corporate scheme and offering a BC salary of $1,500 per lot ex GST
- Projected letting pool of 50% investors and strong rental market demand in this burgeoning area
- Projected net profit of $253,405 per annum, underpinned by $123,000 BC salary
- Resort-style facilities include secure entry foyer, recreational rooftop with pool, lifts and basement parking
- Dedicated freehold 18 sqm office lot - $135K
- Located opposite new retail precinct with Woolworths, medical, childcare, dining and cinema facilities
- Quick access to train and bus access to Brisbane CBD 15 kilometres away.
- All inspections via appointment with the agent
