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Don't miss out on this rare chance to secure an OTP management rights

Staged Development with 85 apartments over 2 buildings, each has 5 levels. Commercial/Retail ground and residential levels are 1-4. Both stages are under construction, stage one is due for completion in the last quarter of 2021 and stage two is due for completion in the second quarter of 2022. Subject to sales, construction completion anticipated April - June 2022.

Staged Development with 85 apartments over 2 buildings, each has 5 levels. Commercial/Retail ground and residential levels are 1-4. Both stages are under construction, stage one is due for completion in the last quarter of 2021 and stage two is due for completion in the second quarter of 2022. Subject to sales, construction completion anticipated April - June 2022.

Net profit
$190K
Asking $799,743 (total of both stages)
Status
Sold

The business at a glance.

  • New 25 year agreements
  • $97,000 Body Corporate Remuneration
  • High Rental Demand Area
  • No requirement to reside onsite
  • No real estate to purchase
  • Well suited for an experienced operator
  • Office on Occupational Authority
  • Property inspections are by appointment only
Don't miss out on this rare chance to secure an OTP management rights

Maroochydore, QLD

Maroochydore, QLD

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Glenn Millar

Senior Specialist Accommodation Broker Sunshine Coast

0412 277 804
07 3878 3999

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