Chermside QLD 4032

A ResortBrokers Special! This is a fantastic duo of management and letting rights complexes located right next to each other. Estilo on Kittyhawk is a fully established business whilst its neighbour Estilo on the Park presents as an off the plan opportunity that is currently well-progressed under construction. Our developer/vendor is looking to sell both assets in one transaction so that the successful party can reap the benefits of a larger scale business that comes with a net profit in excess of $580,000.

Highlights of the Combined Offering

- Both on 25 year Accommodation module agreements
- High net profit of $583,368
- 93 of 238 apartments in the letting pool + 4 commercial lots
- Combined Body Corporate salary of $395,979 p.a.
- No set office hours and manageable duties
- 18+ years on agreements & brand new 25 year agreements
- Off the plan letting appointments being secured by developer
- Construction for the off the plan due to complete in Nov 2024
- No set office hours

All inspections by appointment only