2 Towers, 319 Apartments, 1 Body Corporate
2 Towers, 319 Apartments, 1 Body Corporate
2 Towers, 319 Apartments, 1 Body Corporate
2 Towers, 319 Apartments, 1 Body Corporate
2 Towers, 319 Apartments, 1 Body Corporate
2 Towers, 319 Apartments, 1 Body Corporate
2 Towers, 319 Apartments, 1 Body Corporate
2 Towers, 319 Apartments, 1 Body Corporate
2 Towers, 319 Apartments, 1 Body Corporate
2 Towers, 319 Apartments, 1 Body Corporate

2 Towers, 319 Apartments, 1 Body Corporate

$4,689,353Under Contract

Highly anticipated, Kokoda’s premier Brisbane development, Chester & Ella, is a residential oasis with upscale hotel amenity situated in the heart of energetic Newstead

Key Features

  • A compelling off-the-plan management rights opportunity of rare scale and calibre.
  • Two striking towers of 18 storeys each with shared podium.
  • Managed under a single scheme with fully funded Concierge service.
  • Projections prepared by industry specific accountants McAdam Siemans with rents adopted by Urbis
  • Lavish facilities include private dining, outdoor cinema & fitness centre.
  • Each tower has a sublime rooftop pool & spa terrace with panoramic views.
  • Pre-sales in Chester have reached 90% with 80% already sold in Ella.
  • Construction is scheduled to commence in Q4 2017.
  • 2km to CBD and 2 blocks from James’ St fashion, food and lifestyle precinct.
  • Ground floor lobby and reception with an office located on level 2 of the Chester tower. 

 

Expressions of Interest campaign will close 5pm on Wednesday 8th November 2017.

 

NB: Property inspections are by appointment only

Click to view property video

 

 

 

 

Key Details

Listing Ref: OTP004954
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Newstead
Sale Type: Management Rights - Off the Plan
Net Profit: $919,481
Price: $4,689,353

Listing Agent(s)

Agent Feedback

ARIA Property has had the pleasure of working with Tim on our 3 most recent projects, VINE, Jardin and Austin. Tim is very knowledgeable in off the plan multi-unit residential and his enthusiasm is infectious. He has shown to have a good work ethic and has been very transparent in all of his dealings.  ARIA Property Group will continue working with Tim on its upcoming developments.      

- Tim Forrester
Managing Director,
ARIA PROPERTY GROUP

We appointed Resort Brokers, particularly Gareth Closter, to sell a large M R business as we felt, because of previous experience, that Gareth is hard working and would do a good job for us. He exceeded our expectations in achieving a 6 times multiplier. Gareth and Resort Brokers are our go to people when buying or selling Management Rights. I have no reservations in recommending them.

- John Sklavos
Vendor,
Portside Property Services Hamilton Wharf

We recently engaged Gareth Closter and Resort Brokers to sell our Management Rights at Kelvin Grove. Gareth was very thorough in explaining the entire process and demonstrated great communication skills throughout the entire transaction. Gareth was always contactable and very easy to deal with. I would have no hesitation in recommending Gareth and Resort Brokers to anyone looking to sell or purchase Management Rights in the future!

- Sarah Williams
Vendor ,
PPS Property Management