Rare opportunity to secure an enormous management rights business that is under construction with Hutchinsons builders. This is your chance to work with a developer that has an outstanding track record in delivering high investor profile buildings who will be heavily involved in assisting the successful manager in marketing the units for rent at completion.

Key Features

  • This outstanding management rights is in one of Brisbane’s most sought after precincts
  • Rare staged construction allowing two towers under the one Body Corporate whilst staggering the delivery and initial let up phases
  • Brand new 25 year agreement with an outstanding Body Corporate salary of $426,300 + GST
  • Developer/vendor has extensive experience in launching buildings and will be assisting to market the units for rent upon delivery
  • Totalling 406 apartments in a prestigious precinct, an oasis of inner city living less than 1.5km from the Brisbane CBD
  • Two towers with completion of stage 1 anticipated to be completed in April 2018
  • Both rising 20 storeys above a stunning lagoon pool and water features
  • Surrounded by wonderful restaurants cafes and amenities
  • Within walking distance to the buzz of James street and the new stylish area of the Gasworks

NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004712
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Brisbane
Sale Type: Management Rights - Off the Plan
Net Profit: $919,637 Projected
Price: $4,855,683

Listing Agent(s)

Agent Feedback

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,

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
Portside Property Services Hamilton Wharf

We recently engaged Gareth Closter and Resort Brokers to sell our Management Rights at Kelvin Grove. Gareth was very thorough in explaining the entire process and demonstrated great communication skills throughout the entire transaction. Gareth was always contactable and very easy to deal with. I would have no hesitation in recommending Gareth and Resort Brokers to anyone looking to sell or purchase Management Rights in the future!

- Sarah Williams
Vendor ,
PPS Property Management