Rare Bayside Caretaking Only Opportunity - Premium Residential Building

Enclave

UDIA 2019 Finalist, Enclave is a premium residential building completed to an impeccable standard in November 2019. With no obligations to run an office, operate under specific hours or own a lot in the scheme - this is a genuine caretaking-only business that will be in high demand.

• Comprises 60 superior residential units, over three buildings with 3 retail and 3 office spaces
• Located within walking distance to Pandanus Beachfront, Wymmun Jetty and the Esplanade.
• Impressive Moreton bay vistas from the rooftop apartment building
• 2019 Finalist in two UDIA categories
• Fully established and has been operating for 8 months.
• Superb residential amenities with pool, sunlounge, BBQ area and rooftop lounge & lawn.

191 Stratton

Located only 4 mins away, 191 Stratton is the next high quality offering from this reputable developer DeMartini Fletcher, and is about to launch presales phase. This striking building will offer 43 high-end apartments with another two retail components to ground floor. 

• Hosts 43 modern apartments in Manly
• Complex features stunning resort-style amenity including enticing pool & lounge area
• Building is scheduled to commence constrution early 2021

Highlights include:

• Brand new 25 year caretaking only agreements to both complexes.
• Body Corporate combined salary of circa $115,000 p.a.
• Potential to grow a letting business across both buildings.
• No stamp duty applicable.
• Fantastic dual add-on for experienced operator.
• Easy access to major amenity in Wynnum and Manly regions.

NB. All inspections are by appointment only