OFF THE PLAN BUSINESS-ONLY IN BOKARINA - THE LAST RESI DEVELOPMENT IN OCEANSIDE | Resort Brokers ID : OTP009059

$2,931,306

Off The Plan Management Rights, BOKARINA QLD

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.

- Exceptional business-only permanent off-the-plan management rights opportunity
- The final residential development within Stockland's Oceanside precinct
- Developed and built by award-winning Gardner Vaughan Group,responsible fordelivering thesister building Zinc Bokarina, renown as the superior complex inthe area
- Well-progressed under construction -Stage 1 Mydas due in Q3-2026&Stage 2 Caretta alsoin Q3-2026
- Two eight-storey buildings witha total of 135 apartments and projected 70+ units in the letting pool
- Projected net profit of $544,482 p.a. underpinned by Body Corporate salary of $253,000 p.a.
- Brand new 25-year Caretaking and Letting agreements
- Freehold title office for $100,000 - no set office hours
- Large range of extra generous floorplans fromone-bed to luxe four-bed penthouses with ocean views
- Requires no apartmentpurchase - developerpreference for caretaker to live-in
- Heated pool, gym, function room, underground parking, secure entry, dog& car wash bays
- Incredible location and opportunity to capitalise on the popularity of booming Bokarina
- All inspections via appointment only
Date updated: 28 Jan 2026 22:00:02

More Information

Financial Overview

Total Purchase Price: $2,931,306
Net Income: $ 544,482 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 100,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: undisclosed
_{Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.}

Letting Business

Letting Pool: 70
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 65
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 145
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 253,000
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 25 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: No set hours
_{Required Office Hours}

Complex Features: Stage 1 Mydas - Due Early 2026 Stage 2 Caretta - Due Early 2027 Total - 135 Apartments Stage 1 Mydas - 63 units + 5 retail Stage 2 Caretta - 72 units + 4 retail 1 x CMS for residential + BMS for retail Multiple BBQs and recreation zones. Heated pool and firepit. Herb garden and kids playground. Gym and function room with kitchenette. Parcel lockers, car wash&vaccum bay, dog wash bay, outdoor shower&board washroom.