Brand New OTP Townhouse Estate - Business-Only!

$1,068,911Under Contract

The last residential estate of its kind to be constructed in the heart of the North Lakes Town Centre. VIDA North Lakes hosts 96 contemporary 2, 3 & 4 bedroom townhouses planned within a gated estate and developed by renowned Stockland Group. This superb business-only management rights opportunity is situated just moments’ walk to the huge array of North Lakes amenity. Big nett profits and a brand new 25 year agreement, with no requirement to live on-site, give this offering tremendous appeal for an experienced management team.

Key Features

  • Strong sales and construction is well progressed with the first stage being managed by Stockland until the successful purchaser is unconditonal 
  • Exclusive gated townhouse estate within easy walking distance to major amenity
  • Manageable communal pool, internal park & BBQ area
  • Contemporary townhouses built to an exceptional quality and finish
  • Last peice of land in the whole development in the North Lakes Town Centre masterplan
  • Ideal addition to grow your existing management rights with no requirement to live onsite
  • Realistic investor profile with 52% of the townhouses in the letting pool
  • Ideally located with easy access and great connectivity to Brisbane and Sunshine Coast
  • Option to buy a manager’s unit to reside in or rent out
  • Big net profit with no set office hours, no real estate to buy and no requirement to live on-site
  • Brand new 25 year standard agreement term
  • 4 Stage development by Stockland Group

NB. Property inspections are by appointment only

Key Details

Listing Ref: OTP005198
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: North Lakes
Sale Type: Management Rights - Off the Plan
Net Profit: $213,782 Projected
Price: $1,068,911

Listing Agent(s)

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YearsYrs

Monthly Repayments:

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Agent Feedback

Tim is helpful, friendly and passionate about the management rights industry and it is a pleasure to work with such a professional who takes a long term outlook on the industry.

- Michael Kent
Queensland Development Manager,
PELLICANO GROUP

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