Opportunity to Secure Circa 1M + Projected Net, Completion Due March 17
Rare opportunity to secure an enormous management rights business that is sold out and under construction with Hutchinsons. Secure it at an off the plan multiplier while receiving an income as soon as March 2017
- This outstanding management rights is in one of Brisbane’s most sought after precincts.
- Consisting of two stages under the one body corp allowing a 6 month break to fill the first tower (Laguna) before the expected completion of the second tower (St Tropez).
- Brand new 25 year agreement with an outstanding body corp salary of $466,400 + GST
- Totalling 424 apartments in a prestigious precinct, an oasis of inner city living less than 1.5km from the Brisbane CBD
- Laguna and St Tropez are 100% pre-sold and are under construction, the first of the two towers anticipated to be completed in late March 2017
- Both rising 20 storeys above a stunning lagoon pool and water features
- Surround by wonderful restaurants cafes and amenities
- With walking distance to the buzz of James street and the new stylish area of the Gasworks