This is an outstanding opportunity to secure permanent management rights to a brand-new luxury residential development in one of Townsville's fastest-growing communities. Located in the highly sought-after Northshore Residences in Burdell, this management rights business presents strong income with no unit to managers to purchase.
Key Features:
- Net BC Salary: $48,000 + GST *Approx
- Total Lots: 48
- Letting Pool: 43
- Current Weekly Rents: $430$450 per week
- Accommodation: Brand-new luxury 4-bedroom villas
Northshore Residences is ideally positioned to benefit from consistent tenant demand due to its proximity to major employment, education, and retail hubs. Situated just off Woolcock Street, Burdell offers seamless connectivity to the wider Townsville region via the A1 highway, making it highly attractive for professionals and families alike.
The surrounding area is a hub of convenience, featuring two major shopping centresNorth Shore Shopping Centre and Stockland Townsvilleplus a wide range of essential amenities including medical services, health and wellness providers, retail stores, casual dining, and takeaway options.
Whether you're a seasoned operator or entering the management rights space for the first time, this turnkey opportunity offers modern, low-maintenance residences and a reliable income stream in a thriving community.
Call Rebecca for further information.
Net Profit: $120,000 *Approx.
Price: $416,400
Property Code: 73