OFF THE PLAN IN CHEVRON ISLAND - $270K + PROJECTED NET

ResortBrokers brings you an exceptional opportunity to secure the business-only, off the plan management and letting rights to Allure Chevron Island - a 17 level, single tower development in a high growth suburb of the stunning Gold Coast.

Situated in one of the Gold Coast's most dynamic and prestigious locations, Allure Chevron Island, will become a striking landmark of architectural significance. It will comprise 95 exquisitely finished apartments and host a variety of superior on-site amenities including stunning lobby with reception desk, resident's club lounge with fireplace & wine cellar, a sub-tropical ground level courtyard garden, fully equipped gymnasium and rooftop recreational area featuring an infinity pool, sundeck, covered entertainment seating lounge and BBQ facility for exclusive use by residents.

  • Business-only opportunity with manager's operating spaces under exclusive use
  • Permanent management & letting rights with no requirement to live on-site
  • Brand new 25 year accommodation module agreements
  • Projected investor profile of 60% in the letting pool
  • Solid projected net profit in excess of $277K with $125K body corporate salary component
  • Manager to be contactable during standard office hours and at all times for emergencies - no set office hours
  • Whilst not required to own a lot the developer has a preference to sell a unit with the MLR business that can then join the letting pool to generate additional income
  • Variety of floorplans available with 2 bed, 2+ study, 3 bed and 3 + MPR layouts
  • Higher rental price points due to limited new stock, proximity to employment centres & amenity
  • Chevron Island is an outstanding growth location on the Gold Coast
  • Currently under construction with circa 50% pre-sales
  • Walk to attractions & recreation centres including HOTA (arts, culture & parks), golf & turf clubs, beaches
  • Accessible to local bus stops and G:Link connections
  • Developed by Macquarie York and designed by BDA Architects
Alex Cook

Interested? Why not give Alex Cook a call on 0467 600 610 or