New Off the Plan Permanent Complex - Sunshine Coast
New Off the Plan Permanent Complex - Sunshine Coast
New Off the Plan Permanent Complex - Sunshine Coast

New Off the Plan Permanent Complex - Sunshine Coast

$709,544 + unitUnder Contract

The Rhythm on the Beach is a soon to be constructed brand new, 8 storey apartment building is due to open its doors on Beach Road in the revitalised entertainment precinct of Maroochydore on Queensland Sunshine Coast in mid 2018. Rhythm on Beach developed by Access Economics , will feature 72 stunning residential apartments. It will also offer exclusive residents' amenities including 2 Japanese inspired plunge pools, BBQ and dining facilities, a state of the art fitness centre and a breakout secluded outdoor area. An alfresco cafe located on site will further add to the amenity of this stunning complex. The building will feature cutting edge architectural design bringing a distinctly modern urban design not seen before to the region.

Key Features

  • A choice of one two or three bedroom apartments will be offered to purchaser who wish to reside on site. Prices range from $299,000 for the one bedroom unit to $599,000 for a three bedroom unit on level 8
  • $109,000 body corporate salary
  • New 25 year agreements
  • No fixed office hours
  • Projected to be 50% or 36 units in letting pool
  • Clawback Claw forward conditions
  • The rental market is very tight, especially in Maroochydore and Noosa. Both areas registered the lowest vacancy rates in the state: 0.9%.

NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004600
Property Type: Management Rights
Region: QLD - Sunshine Coast
Suburb: Maroochydore
Sale Type: Management Rights - Off the Plan
Net Profit: $168,000 Projected
Price: $709,544 + unit

Listing Agent(s)

Agent Feedback

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

First and foremost, thank you and Tyler for putting together the opportunity to sell Proximity. Your attention to detail and interaction with ourselves and the purchasers, our solicitor and their solicitor made the whole sales process smooth and achievable in what was a compressed timeframe towards the end. This is not the first time we have sold Management Rights with Resort Brokers and we would have no hesitation in recommending your services to others wishing to sell. After our short break we will be seriously looking to our next venture and look forward to any opportunity that you may have for us.

- Barry & Lorraine Andrews
Ex - On Site Mangers ,
Proximity Waterfront Apartments

Throughout the process of searching for a business, identifying possible purchases, investigating and ultimately negotiating the contract of sale, we found that Glenn was very helpful and informative. He assisted with his industry knowledge and advice whilst maintaining a professional approach. This allowed us to make an informed decision to purchase.

- V Galle and S Boughton OCEANS MOOLOOLABA