Exclusive – The Fernery at Ferny Grove

Property Description

  • 82 apartments in the project
  • Anticipated 45% in the Rental Pool
  • Caretaking salary of $91,300 + GST per annum
  • Brand new 25 year caretaking and letting agreements
  • Construction of Stage 1 of the projecthas already started
  • Currently due for completion late2023′
  • Only 20Minutes to Brisbane CBD
  • CONTACT US NOW SO YOU DON’T MISS OUT ON THIS INCREDIBLE OFF THE PLABN OPPORTUNITY!
  • CONTACT RCA FOR THE INFORMATION MEMORANDUM

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 $$1,000,000 + GST
Managers Unit $ $425,000
Managers Lot/s $
Total Price $$1,425,000

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.
LocationFerny Grove
Business TypeOff The Plan Permanent
Building AgeEstimated Completion Late 2023
Building Levels/Floors5 Levels
Net Profit $PROJECTED
Caretaking Fee $$91,300 + GST
Total Lots in Complex82
Letting Pool UnitsPROJECTED. SEE INFORMATION MEMORANDUM.
Letting Agreement TermBrand New 25 Year Agreements
Caretaking Agreement TermBrand New 25 Year Agreements
Office HoursSEE INFORMATION MEMORANDUM.

Property Features

PoolSEE INFORMATION MEMORANDUM
SaunaSEE INFORMATION MEMORANDUM
GymSEE INFORMATION MEMORANDUM
BBQSEE INFORMATION MEMORANDUM
Conference RoomSEE INFORMATION MEMORANDUM
CinemaSEE INFORMATION MEMORANDUM
ConciergeSEE INFORMATION MEMORANDUM
Car ParkingSEE INFORMATION MEMORANDUM
Other FeaturesSEE INFORMATION MEMORANDUM
Managers Units
Beds1
Bath1
Car Spaces1
FeaturesSEE INFORMATION MEMORANDUM
Managers Office
SizeSEE INFORMATION MEMORANDUM

Management Rights Pricing

Total Price                        MLR $1,000,000 + GST PLUS MANAGERS APARTMENT $425,000

Property Enquiry

0 + 1 = ?

Property Agent

Rod Askew
Director

07 3554 0040