RCA EXCLUSIVELY FOR SALE
OFF THE PLAN PERMANENT IN COORPAROO
Property Description
Maasra Apartments comprises 105 architecturally superior 1, 2, 3 & 4 Bedroom apartments over 8 levels, artfully designed for the residential market.
Included with this exciting opportunity is a Luxury 3 Bedroom 2 Bathroom apartment with large private terrace.
Located just 4 km’s from the Brisbane CBD, this Luxury development is a short stroll to Cinemas, Restaurants, Cafes and Shopping.
Featuring a superb resort style Pool, Gym, Common Room and Sundeck.
Scheduled for completion 2021
For a comprehensive information package please contact Rod Askew or Eric Brizuela
Pricing
Management Rights $ | $1,150,000 + GST |
Managers Unit $ | $775,000 |
Managers Lot/s $ | – |
Total Price $ | $1,925,000 |
Management Rights Business Information
Location | Coorparoo |
Business Type | Permanent Rentals |
Building Age | Off The Plan. Currently estimated for end of 2021 completion. |
Building Levels/Floors | 8 Levels |
Net Profit $ | See Information Memorandum |
Caretaking Fee $ | $129,540 + GST |
Total Lots in Complex | 105 |
Letting Pool Units | Projected 40% (or approximately 42) |
Letting Agreement Term | 25 Year Agreements |
Caretaking Agreement Term | 25 Year Agreements |
Office Hours | See Information Memorandum |
Property Features
Pool | Yes |
Sauna | – |
Gym | Yes |
BBQ | Yes |
Conference Room | – |
Cinema | – |
Concierge | – |
Car Parking | Yes |
Other Features | A gorgeous 25m pool on the podium level is accompanied by a sundeck, BBQ area, gym, children’s entertainment area and an all-purpose function room. |
Managers Units | |
Beds | 3 |
Bath | 2 |
Car Spaces | Yes |
Features | See Information Memorandum |
Managers Office | |
Size | Yes |