Under Construction in Woolloongabba - Business Only
Under Construction in Woolloongabba - Business Only
Under Construction in Woolloongabba - Business Only
Under Construction in Woolloongabba - Business Only
Under Construction in Woolloongabba - Business Only
Under Construction in Woolloongabba - Business Only

Under Construction in Woolloongabba - Business Only

$1,978,259Sold

Resort Brokers Australia are delighted to offer exclusively to the market, the hottest new permanent management rights to hit Woolloongabba. Projected Net Profit - $322,946.

Key Features

  • Vicinity Apartments consist of 92 apartments, over 11 residential levels, include extra-spacious two bedroom apartments, and larger than average one bedroom apartments.
  • Every two bedroom apartment has two bathrooms, and all 92 apartments have spacious balconies and a secure car park.
  • The design aesthetic focuses on sophisticated simplicity. Flexible living areas flow together in a versatile integration of indoors and out, with an emphasis on outdoor balcony living.
  • The landscaped roof terrace is perfect for barbecues and getting together with friends.
  • Over the past ten years, the median sale price of apartments in Woolloongabba has increased by an average of 8.9% per annum, one of the highest rates recorded in all inner Brisbane suburbs.
  • Freestanding spacious two bedroom, two bathroom manager’s cottage boasts a floor plan size of over 100 square metres. This stunning residence is over two stories with two balconies and boasts it’s own private courtyard.
  • Brand new 25 year agreements. 

  • Strong total body corporate salary of $111,600 excluding GST. 

  • Incredible existing amenity in the area including Coles Supermarket, gymnasium and cosmopolitan restaurant precinct. 

  • Central location with outstanding infrastructure i.e. major bus terminal, tunnels and Gabba Stadium.

NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004102
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Woolloongabba
Sale Type: Management Rights - Off the Plan
Net Profit: $322,946 Projected
Price: $1,978,259

Location

Listing Agent(s)

Agent Feedback

ARIA Property has had the pleasure of working with Tim on our 3 most recent projects, VINE, Jardin and Austin. Tim is very knowledgeable in off the plan multi-unit residential and his enthusiasm is infectious. He has shown to have a good work ethic and has been very transparent in all of his dealings.  ARIA Property Group will continue working with Tim on its upcoming developments.      

- Tim Forrester
Managing Director,
ARIA PROPERTY GROUP

Tim is helpful, friendly and passionate about the management rights industry and it is a pleasure to work with such a professional who takes a long term outlook on the industry.

- Michael Kent
Queensland Development Manager,
PELLICANO GROUP