Accommodation/Tourism for sale
Highly Desirable Large Scale, Off the Plan Netting over $1m/year | Resort Brokers ID : OTP004002
Resort Brokers ID : OTP004002
Resort Brokers Australia are delighted to exclusively offer Brisbane’s most desirable off the plan management rights to hit the market – Coorparoo Square.
Consisting of 366 stunning apartments over three towers with an expected 80% investor profile.
Located just 4.5kms from Brisbane CBD, Coorparoo Square boasts over 6,500sqm of retail space including a 10-screen Dendy Cinema complex and global supermarket retailer ALDI.
This unique mixed used development is brought to you by the highly regarded Frasers Property Australia & Honeycombes Property Group as joint-venture partners.
AN OVERWHELMING buyer response has prompted the $232 million Coorparoo Square development to fast track the release of its final stage.
You and your tenants will enjoy facilities and advantages that include a 25-metre lap pool, full-size tennis court, gym, leafy enclaves, BBQ amenities and a private dining room.
The amenity boost promised by Coorparoo Square, coupled with the demand shift towards higher density, low maintenance living, can be confidently predicted to raise the bar considerably.
Data indicates extremely limited new or near-new apartment stock is currently available to rent within Coorparoo*.
Brand new 25 year agreements with a body corporate salary of $495,250 excluding GST
Completely Independent Income Projections by Holmans Accountants with a projected nett profit of $1,017,309
Expressions of Interests closes 5pm on Friday 11th December 2015
*Urbis Market Outlook, December 2014
- Business Category: Accommodation/Tourism
- Business Sub Category: Management Rights