ResortBrokers exclusively presents an outstanding off the plan management rights opportunity in Margate.
Nautica is a quality 42-townhouse development currently under construction, with a projected net profit of $125,000 and a strong body corporate salary of $63,000 ($1,500 per lot), under brand new 25-year Accommodation Module agreements.
Caretaking is straightforward, with no pool, no barbecue facilities and only a small communal fire pit area to maintain. The letting pool is forecast at 17 across 42 lots. Construction is well progressed, with completion expected by mid-2026. More than 90 percent of lots have already sold.
Located 320 metres from Margate Beach and close to shops, dining and transport, this opportunity is well suited to experienced operators aiming to tap into the high-growth Redcliffe Peninsula market or those in the area seeking a quality add-on to their portfolio.
Contact Jeff today to make an inspection!
Interested? Why not give Jeff Keast a call on 0414 669 007 or jeff@resortbrokers.com.au
