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REDBANK PLAINS, QLD
Nearing Completion, Low Maintenance Business Only Management Rights
Nearing Completion, Low Maintenance Business Only Management Rights
Redbank Plains, QLD, 4301
Services · Management Rights
$1,450,000 - Business Only
Eagle Street Residences introduces a contemporary townhouse community within a rapidly expanding residential precinct. With construction progressing toward completion, this Off the Plan Management Rights opportunity presents a rare combination of operational simplicity and strong, reliable income from the outset.The development comprises eighty six modern homes with no shared recreational facilities, ensuring minimal caretaking obligations and a predictable and efficient workload for the onsite manager. The projected letting pool of sixty seven residences highlights the strong level of investor participation in the scheme, providing a stable rental base and immediate letting income security upon settlement.The business delivers a projected net profit of approximately two hundred and seventy six thousand, four hundred and ninety five dollars per annum ex GST, supported by a Body Corporate salary of $1,340 ex GST. The Business Only structure eliminates the need to purchase a managers residence, creating an attractive entry point for both new operators and established groups seeking scalable growth.Eagle Street Residences is strategically positioned to benefit from sustained population growth throughout the western Brisbane and Ipswich corridor, driven by significant infrastructure investment, expanding commercial amenity and strong tenant demand from local workforce and families. The design of the scheme and its absence of facilities enable a streamlined approach to caretaking while preserving the high quality presentation of common property.For purchasers seeking a modern and low cost to operate management rights business with robust income and genuine long term upside, Eagle Street Residences represents a compelling and well structured opportunity in a high growth location.
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