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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%.
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
University
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Transport
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
Please call Jessica or Richard on 0404331310 or download EOI here to make an offer.
