EXCLUSIVE FOR SALE – COORPAROO – MAASRA APARTMENTS

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

NOTE: All property and business information and pricing is correct at the time of going to market. Please contact us for the detailed information memorandum.
Management Rights $$1,150,000 + GST
Managers Unit $ $775,000
Managers Lot/s $
Total Price $$1,925,000

Management Rights Business Information

NOTE: All property and business information and pricing is correct at the time of going to market. Please contact us for the detailed information memorandum.
LocationCoorparoo
Business TypePermanent Rentals
Building AgeOff The Plan. Currently estimated for end of 2021 completion.
Building Levels/Floors8 Levels
Net Profit $See Information Memorandum
Caretaking Fee $$129,540 + GST
Total Lots in Complex105
Letting Pool UnitsProjected 40% (or approximately 42)
Letting Agreement Term25 Year Agreements
Caretaking Agreement Term25 Year Agreements
Office HoursSee Information Memorandum

Property Features

PoolYes
Sauna
GymYes
BBQYes
Conference Room
Cinema
Concierge
Car ParkingYes
Other FeaturesA 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
Beds3
Bath2
Car SpacesYes
FeaturesSee Information Memorandum
Managers Office
SizeYes

Management Rights Pricing

Total Price                        $1,925,000

Property Enquiry

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Property Agent

Rod Askew
Director

07 3554 0040

Eric Brizuela
Management Rights Sales Executive | Brisbane

07 3554 0038