Do not miss these off the plan management rights business opportunities in Sherwood. 2 Complexes in the same street less than 100 meters apart, with 40 Apartments Comprising of 12 x 3 Bed 2 Bath Apts, and 28 x 2 Bed 2 Bath apts, with an estimated completion date of October 2016 & July 2017. Sherwood is one of Brisbane’s oldest and most beautiful suburbs bounded by the Brisbane River. Located on the southern side of the Brisbane River about 10km from the Brisbane CBD.

Financial Data
Management Rights Letting Permanent
Price $595,000.00
Net Income $ 130,820 (projected)
Remuneration $ 40,000 GST Exclusive With Annual CPI Increases

Complex Specifics

Location Sherwood Qld, 4075 Apt Mix (12 x 3 Bd 2 Bth / 28 x 2 Bd 2Bth) – 40 Total Apts
Completion: Expected October 2016 – BLD 1
Completion: Expected July 2017 – BLD 2
Manager’s Real Estate Value $ NIL – No Real Estate To Buy
Letting Rights

Agreement Term 25 years (15 yrs + 10Yrs)
Agreement Remaining 25 years
Units in Letting Pool 40 Expected with claw back facility
Office Hours : Nil – No set office hours, No requirement to live onsite.

Property Features

  • Off The Plan MLR Business

Location

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