PRESTIGIOUS BUSINESS-ONLY MLR IN MAROOCHYDORE'S EMERGING CITY CENTRE PRECINCT

Offered to market for the first time, the management rights of Market Lane Residences presents an exceptional business opportunity for experienced operators. The project is situated at the centre of Maroochydore CBD which will be encompassed in an incredible 53-ha epicentre, set to revolutionise the Sunshine Coast.

Managed by the developer since it opened in mid 2022, Market Lane Residences was the first residential apartment complex to be established in the CBD. It comprises 152 units and enjoys a prime position to attract tenants given its proximity to the new city centre, hospital and commercial precinct. With a strong net profit, this business-only management rights is ideal for sophisticated operators to take on and puts them at the forefront for future MLR opportunities already secured with this developer.

The PDA masterplan will deliver a total of 4,000 apartments, create 15,000 jobs during the project lifecycle of up to 20 years and includes tenant drivers such as the $100M private hospital currently under construction and 160,000 sqm of 5-star green commercial and retail space. And that's just a fraction of what's to come.