OFF THE PLAN BUSINESS-ONLY IN BOKARINA - THE LAST RESI DEVELOPMENT IN OCEANSIDE

Secure your position in one of Queensland's most awarded masterplanned communities on the Sunshine Coast with this exceptional business only off-the-plan management rights opportunity at Bask Bokarina.

Well-progressed under construction, Bask will delivery two eight-storey buildings comprising a total of 135 apartments to be permanently let. It is the final residential development block within Stockland's Oceanside precinct, delivering a rare chance to establish a premium business from inception with brand new 25-year agreements and a body corporate salary of $253,000 per annum.

Developed and built by the award-winning Gardner Vaughan Group, who are responsible for delivering the sister building Zinc Bokarina, known in the area as the superior complex, Bask offers projected net returns of $544,482 per annum with an expected letting pool of 70+ apartments. Developed over two stages with Mydas comprising 57 units and 5 retail lots being delivered in mid-2026 and Caretta, which is home to 78 units and a further 5 ground level retail lots due at the same time. The buildings offer a diverse apartment mix from spacious one-bedroom homes to luxe four-bedroom penthouses with ocean views.

Positioned between Lake Kawana and Bokarina Beach, this business comes with a freehold office on title and no set office hours, providing operational flexibility and voting rights. The complex features exceptional resident amenities including heated pool, gymnasium, function facilities, and secure underground parking, complemented by street-level retail access along Bokarina Boulevard. This opportunity will engage experienced operators ready to establish a robust management rights business and build a substantial letting portfolio within a proven, amenity-rich coastal location.