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

I would like to commend Tyler Millar from Resort Brokers for looking after us in the sale of our Management Rights business at Pelican Beach Resort Noosa. From the time of introducing the purchaser to the time of settlement Tyler's communication skills in dealing with issues as they arose was amazing. He communicated with us, the purchaser, and our respective solicitors and thus facilitated the sale so that everything ran smoothly leading up to, and the day of settlement.

- Paul Grossman
Veerway Pty Ltd

Glenn is an effective communicator and follows through queries from both vendors and purchasers promptly. His effective techniques for selling Management Rights have become clear to us both as purchasers and vendors, and he does not allow an opportunity to be missed.

- June and Karl Teller RESIDENT MANAGERS

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
Oceans Resort & Spa, Hervey Bay