ResortBrokers presents Atelier West End, an off-the-plan, business-only management rights opportunity in Brisbane’s sought-after inner-city West End.
Developed by PYCO Group, this boutique complex comprises 36 three-bedroom vertical terraces, with completion expected in early 2027. The business is projected to generate $155,921 net profit per annum, supported by a body corporate salary of $52,725 and an anticipated letting pool of 18 residences, with all 36 residences sold.
Offering brand-new 25-year accommodation module agreements, no real estate purchase, and caretaking of premium facilities, including a pool and rooftop deck, this opportunity suits an existing operator expanding their portfolio or a buyer seeking a standalone business.
With completion approaching, early engagement is key to establishing the business and securing the letting pool before operations commence.
This opportunity offers experienced management rights operators the potential to establish a new business in an established inner-city location.
Interested? Why not give Jeff Keast a call on 0414 669 007 or jeff@resortbrokers.com.au