Darwin Management Rights
Management Rights Gold Coast - Bellamack NT
Darwin Management Rights Excellent opportunity to manage from afar and still earn 14-15%
Id 2020 Management Rights Business Summary
Managers Accommodation: NONE, Office on Occupational Authority
Nett Profit: $314,000
BC Remuneration: $127,273
Where: Bellamack Darwin NT 0832
Complex Features: Swimming Pool, Low Maintenance
Manager`s Accommodation Bedrooms: TBA
Pets Allowed? No
Agreement Term: 25 years
Units in Letting Pool: 68
New Darwin Management Rights (Almost off the plan)
Pay staff (Estimate wages less than $150,000) to manage and you can run remotely if you wish.
Business Only contactable 8.30-11 am. then 2-6 pm. (No Office Hours required) and rentals are easily managed.
Great business with majority of units in the letting pool.
Long Property Management Agreements
No repairs and maintenance in Profit and Loss
No Apartment Sales (Potential to add to business)
No Commercial leasing (Potential to add to business)
The Office is on Occupational use and is maintained by the manager in this Darwin Management Rights.http://www.mragents.com.au/darwin-management-rights-fly-walk-inspection/?et_fb=1
• Full CCTV security in the building, common areas and carparks
• Onsite Managers office situated at the entry to the pool area.
• Secure access to all residential building in the Darwin Management Rights
• Secure basement and parking access.
• Complex has onsite access to shopping, restaurants, medical facilities, takeaways, cafes, hair and beauty services.
• The pool area features modern timber deck, architectural paving and bench seating
Complex Apartments have well designed large living spaces
• has spacious 15sqm minimum sized outdoor living
• Large gourmet kitchen with plenty of storage
• Separate laundry and storage room
• Built in Wardrobes to maximize space and aesthetics
• Louvered windows
• Solid concrete and block construction with high quality architectural screens and paneling.
For more about the Northern Territory read the summary below or Click Here
NT Economic Snapshot
The Northern Territory has a history of solid property growth and strong rental income and this history is set continue for the long term. The economy here is strong with a diverse range of income streams, including; Mining, Military, Energy,Government, Agriculture, Transport and Tourism.
GROWTH – The average GSP growth in has been 4.2% per annum over the last 10 years. The second highest in the country behind Western Australia.
POPULATION – The Northern Territory’s population is projected to grow in all three series, from 192,700 in 1999 to 300,000 in 2021. Population growth in 2013-2014 was 2.2% the highest in the country.
EMPLOYMENT – Northern territory participation rate is 76.4% and an unemployment rate of 4.5% second only to the ACT. NT employment figures have been leading the country for the past decade.
Government and military are the largest employers at 21% while mining and energy account for only 5% combined.
MILITARY EXPANSION The top end is home to over 4,500 military personnel. US Marines will be increasing their resident population over the next 5 years US Airforce looking to use Upgraded RAAF bases for more aircraft. Planned infrastructure spending includes $400 million Tyndall base upgrade in 2017/18 and a potential $5 billion USMarine and Airforce facilities upgrade
TRANSPORT With a massive increase of energy, mining and agriculture exports Darwin has established a new shipping, rail and road infrastructure hub just under 10mins from the Complex
ENERGY It is estimated that the Northern Territory has more than 30 trillion cubic feet of gas offshore and up to 240 trillion cubic feet of conventional and unconventional gas reserves onshore.
AGRICULTURE The Australian Agricultural Company (AACo) has started exporting beef from its 91M Livingstone abattoir in the Northern Territory. The facility employees 260 direct and further 530 indirect jobs
HEALTH Palmerston Hospital Project Value Range from $150-200 million.
Requirement for 79 beds at the outset, with potential to expand to 116 beds by 2026.Commence mid-2016, and complete by 2018.
RETAIL Palmerston Gateway Shopping Centre $300m shopping and retail precinct under construction and Bakewell Woolworth’s under construction
The Territory has both Offshore and Onshore Gas potential, the Onshore Gas is roughly 8 X that of the Offshore gas and to date there is only one onshore gas facility. The size of “Ichthys Inpex” in the browse basin is 12.8 TCG the size of the best estimate for the Beetaloo Onshore basin is 111 TCG.
By the year 2020 Darwin and the Northern Territory will over take Qatar in the volume of gas exported.
The current Inpex project involves a 500km pipeline to a gas field that will produce 12.8 Trillion Cubic Feet of Gas. The construction among other things involves the construction of processing “trains” that compress the gas to a liquid form. Inpex are building two of these, Conoco Philips has already built one. The area designated at Bladin Point in the Palmerston region has the capacity for a further 7 “trains”.
Bellamack is the closest suburb of Palmerston to this Darwin Management Rights.
There is major explorations underway for the Territories on shore resources which are now estimated at over 240 TCFG which is over 10X the size of current offshore gas fields. The key difference between the ONSHORE and OFFSHORE gas is that 100% of the royalties stay with the Northern Territory Government. Many plans are already in place to transport the gas to the Eastern Distribution Network to be exported from Gladstone as well as being piped north to be exported from the Bladin Point in Darwin. These onshore fields are due to be developed and the investments will overshadow those of the current projects.
CURRENT NON MINING AND HOUSING INFRASTRUCTURE FOR PALMERSTON
Eastarm Port Expansion $150 million opening up Asian markets http://www.darwinport.nt.gov.au/port-trade-development/masterplan-2030
Wishart Transport Hub $160 million
Abbotoir The Australian Agricultural Company (AACo) has started exporting beef from its 91M Livingstone abattoir in the Northern Territory. The facility employees 260 direct and further 530 indirect jobs
Palmerston Hospital Project Value Range from $150-200m. Requirement for 79 beds at the outset, with potential to expand to 116 beds by 2026.Commence mid-2016, and complete by 2018.
Palmerston Gateway Shopping Centre $300m shopping and retail precinct under construction and Bakewell Woolworth’s shopping village under construction.
These new projects will account for thousands of new jobs all within 10mins from Bellamack and all coming online within the next few years.
Contact David Manson
Mobile 0412 707 173
- Management Rights Gold Coast
- 3 bed
- 2 bath
- Built 2016
- Air Conditioning
- Alarm System
- Floor Area is 149 m²
- New Construction
- 2 Toilet