The Millwell is Habitat Development Group's latest development in Maroochydore, the Sunshine Coast’s rapidly emerging CBD. The business-only permanent management rights is well-progressed under construction and has over 70% of sales secured. The off-the-plan development is due to complete in mid-2027 and has a projected net profit just shy of $900,000, underpinned by the security of new 25 year agreements and a spacious freehold office lot in Tower 2.
The development comprises a total of 205 apartments across two towers with a projected letting pool of 135 units. The agreements offer excellent operational flexibility with no requirement to live onsite or set office hours to maintain.
The Millwell presents as an ideal opportunity for qualified off-the-plan operators seeking their next business of scale and quality. This substantial business secures the operator with long tenure, strong remuneration and genuine growth potential in a location experiencing significant infrastructure investment and population surge.
Interested? Why not give Chenoa Daniel a call on 0403 143 151 or chenoa@resortbrokers.com.au
Or... call Tim Crooks on 0422 208 450 or tim@resortbrokers.com.au
