Great Value in Riverside Suburb with a 3.5 Multiplier

$1,136,817Sold

Eastpark Bulimba is a brand new, low-rise management rights development in the, much desired, riverside suburb of Bulimba. This premium apartment complex, constructed by reputable developer DeLuca, consists of 79 contemporary apartments and beautiful communal pool facilities.

Key Features

  • Stunning new park frontage complex in one of Brisbane’s most desirable suburbs
  • Brand new 25 year agreements (accommodation module)
  • Manager's must own a lot within the scheme. Requried to live onsite. 
  • One bedroom managers unit starting from $469,000 or two bedroom design available
  • Built by reputable developer DeLuca
  • A wonderful brand new business
  • Strong rental yield location
  • Easy and manageable caretaking duties

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004834
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Bulimba
Sale Type: Management Rights - Off the Plan
Net Profit: $190,805
Price: $1,136,817

Listing Agent(s)

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YearsYrs

Monthly Repayments:

$0

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,
PELLICANO GROUP

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