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SIRE Management Rights
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Management rights | Brisbane CBD
ID:O081014
Net Income: $ 370,000 (projected)
Remuneration $ 106,700
Manager Unit Value: $ 675,000
Manager Unit: 3 Bedrooms + Study
Office: stand alone


The business price is subject to clawback per unit less than 96 in the letting pool at the final adjustment date.

Please call Jessica on 0404331310 to discuss
or
Please download
your EOI
to make an offer.

Why should you set up your profitable management rights here

Population & Demographics
• Estimated resident population of this area just over 5,000 persons.
• Population is projected to triple by 2036.
• Requirement for an additional 5,100 dwellings by 2036.
Employment
• Within immediate proximity of the Brisbane CBD – with an estimated workforce of more than 300,000 people.
• The Mater Health Precinct is situated within this suburb and the Princess Alexandra Hospital
in neighbouring Buranda.
• Together these two health facilities employ more than 15,000 persons.

Apartment Market Fundamentals
• Only a handful of major developments having been completed over the past decade due to
its relative infancy.
• Sales volumes reflect apartment demand rises sharply in line with supply.
• The median apartment price has risen in line with the delivery of new apartment products.
Infrastructure & Investment
• The South East Busway has a major terminus at here which more than 70 bus services
operate from.
• The $5 billion Underground Bus and Train (UBT) project commenced works in January 2014 and will deliver rail and bus combined in a world-first design.
• The heart of the suburb has been designated as a Priority Development Area (PDA) by the Queensland State Government.
Rental Market
• Median weekly rents of one bedroom apartments have grown by an average annual rate of 7.2%; two bedroom apartments recording a healthy growth rate of 3.6%.

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Shopping and Restaurant
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University
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Transport
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Hospital
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Based on the position of the building and the current rental market, the following rental returns based on the current market values & position of apartments in complex can be achieved.
Average rent projected : $500
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Please call Jessica or Richard on 0404331310 or download EOI here to make an offer.

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SIRE Management Rights
433 Logan Road Stones Corner
QLD 4120 Australia
P. 0404 331 310 | F. (07) 3036 6776 | E. sales@siremanagementrights.com.au
© Copyright 2011
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