Designer Apartments in Elevated Inner City Location - Business Only OTP MLR

$1,452,443Under Contract

Omega Apartments consists of 130 spacious one and two bedroom apartments located within the $2.9 billion RNA urban renewal precinct. All of the apartments include spacious balconies, a secure car park and the two bedroom apartments comprise two bathrooms. Omega Apartments has four podium car park levels and 13 residential levels commencing on level five.

Key Features

  • A unique offering by one of the most sought after Designer & Developer teams of recent times
  • Fantastic net profit of $382,230 (projected)
  • Targeted investor profile to drive the letting pool
  • One of the only buildings with city and river views in the Bowen Hills precinct
  • Letting catchment including RNA hospital staff, middle to upper end professionals and business owners
  • Brand new 25 year agreements
  • No office hours so the flexibility to work as you please
  • No requirement to live onsite or purchase real estate (optional if desired)

 NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004472
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Bowen Hills
Sale Type: Management Rights - Off the Plan
Net Profit: $382,230 Projected
Price: $1,452,443

Listing Agent(s)

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Monthly Repayments:

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Agent Feedback

We appointed Resort Brokers, particularly Gareth Closter, to sell a large M R business as we felt, because of previous experience, that Gareth is hard working and would do a good job for us. He exceeded our expectations in achieving a 6 times multiplier. Gareth and Resort Brokers are our go to people when buying or selling Management Rights. I have no reservations in recommending them.

- John Sklavos
Vendor,
Portside Property Services Hamilton Wharf

As a first time purchaser of a leasehold motel, Nathan provided a good balance between working for the vendor and ensuring us as purchasers that we had the right information and support to see the transaction through. Negotiations are never easy and Nathan managed expectations on both sides of the transaction in a professional way that left both sides content with the price outcome. I would have no reservations in recommending or using Nathan or Resort Brokers in the future.

- Scott Campbell
Managing Director,
ISTAPR P/L

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