ResortBrokers exclusively presents an outstanding off the plan management rights opportunity in Margate.
Nautica is a quality 42-townhouse development currently under construction, with a projected net profit of $125,000 and a strong body corporate salary of $63,000 ($1,500 per lot), under brand new 25-year Accommodation Module agreements.
Caretaking is straightforward, with no pool, no barbecue facilities and only a small communal fire pit area to maintain. The letting pool is forecast at 17 across 42 lots. Construction is well progressed, with completion expected by mid-2026. More than 90 per cent of lots have already sold.
Located 320 metres from Margate Beach and close to shops, dining and transport, this opportunity is well-suited to experienced operators aiming to tap into the high-growth Redcliffe Peninsula market or those in the area seeking a quality add-on to their portfolio.
Offers over $500,000 (4x)
Contact Jeff today to make an inspection!
Interested? Why not give Jeff Keast a call on 0414 669 007 or jeff@resortbrokers.com.au
