Stage 1 Completed, Stage 2 Under Construction With Ability to Grab All 6 Stages
Stage 1 Completed, Stage 2 Under Construction With Ability to Grab All 6 Stages
Stage 1 Completed, Stage 2 Under Construction With Ability to Grab All 6 Stages
Stage 1 Completed, Stage 2 Under Construction With Ability to Grab All 6 Stages
Stage 1 Completed, Stage 2 Under Construction With Ability to Grab All 6 Stages

Stage 1 Completed, Stage 2 Under Construction With Ability to Grab All 6 Stages

$1,589,900

One of Heran Building Groups newest residential communities. This is a fantastic opportunity to buy an off the plan management rights. Get all the new letting fees, pay GST in lieu of stamp duty and develop this business to your standard.

Key Features

  • Rhodes Apartments Stage 1 - Completed
  • A 95 unit complex in a high growth with high rental location.
  • Projected net income of $152,239 based on the maximum possible units in the letting pool.
  • Business price subject to an adjustment for each unit less in the pool at the adjustment date.
  • 100% occupancy expected in this high growth elite suburb.
  • A secure Body Corporate remuneration of $93,000 with CPI increases per annum.
  • A work load easily managed by a couple.
  • A beautiful managers’ residence.
  • A quiet peaceful life style close to everything that one could need.

NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004031
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Capalaba
Sale Type: Management Rights - Off the Plan
Net Profit: $153,620 Projected
Price: $1,589,900

Location

Listing Agent(s)

Agent Feedback

To whom it may concer, recently my wife and I purchased a management rights business through Paul Mueller. From the first phone contact with Paul, we were kept completely informed and received first class treatment. Like all management rights purchases nothing goes completely to plan, when things needed to be chased up Paul was always on the job, working with ourselves and the seller. I would recommend Paul to anyone who wishes to market their business or to a buyer in the market for a new venture.

- Steve Siddaway
Vendor,
Fivechester - Rise - Ascent