New Off the Plan Permanent Complex - Sunshine Coast
New Off the Plan Permanent Complex - Sunshine Coast
New Off the Plan Permanent Complex - Sunshine Coast

New Off the Plan Permanent Complex - Sunshine Coast

$709,544 + unitUnder Contract

The Rhythm on the Beach is a soon to be constructed brand new, 8 storey apartment building is due to open its doors on Beach Road in the revitalised entertainment precinct of Maroochydore on Queensland Sunshine Coast in mid 2018. Rhythm on Beach developed by Access Economics , will feature 72 stunning residential apartments. It will also offer exclusive residents' amenities including 2 Japanese inspired plunge pools, BBQ and dining facilities, a state of the art fitness centre and a breakout secluded outdoor area. An alfresco cafe located on site will further add to the amenity of this stunning complex. The building will feature cutting edge architectural design bringing a distinctly modern urban design not seen before to the region.

Key Features

  • A choice of one two or three bedroom apartments will be offered to purchaser who wish to reside on site. Prices range from $299,000 for the one bedroom unit to $599,000 for a three bedroom unit on level 8
  • $109,000 body corporate salary
  • New 25 year agreements
  • No fixed office hours
  • Projected to be 50% or 36 units in letting pool
  • Clawback Claw forward conditions
  • The rental market is very tight, especially in Maroochydore and Noosa. Both areas registered the lowest vacancy rates in the state: 0.9%.

NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004600
Property Type: Management Rights
Region: QLD - Sunshine Coast
Suburb: Maroochydore
Sale Type: Management Rights - Off the Plan
Net Profit: $168,000 Projected
Price: $709,544 + unit

Listing Agent(s)

Agent Feedback

Having had two previous contracts collapse through another agency, we were extremely relieved to deal with Glenn Millar of Resort Brokers. I would strongly recommend him to anyone who is in the market for buying or selling.

- Laraine & Col Fields
Previous Vendors,
Emerald Village Apartments

We herewith certify that we appointed Glenn as our agent to sell our management rights business at On the Beach Noosa as we found him to be professional when he approached us for the listing. Glen produced a buyer within one week, he achieved our asking price and kept in constant contact throughout the sale period. We would have no hesitation in dealing with Glenn in the future and would recommend him to any seller/buyer.

- Ann & John Bennett
On the Beach Noosa

Throughout the process of searching for a business, identifying possible purchases, investigating and ultimately negotiating the contract of sale, we found that Glenn was very helpful and informative. He assisted with his industry knowledge and advice whilst maintaining a professional approach. This allowed us to make an informed decision to purchase.

- V Galle and S Boughton OCEANS MOOLOOLABA