Under Contract
Queen's Wharf Residences: MR for sale in historic $3.6 billion Queen Wharf
This is an unrivalled management and letting rights opportunity of immeasurable scale and quality that boasts a truly exclusive position on Brisbane's River in the heart of the city. Part of the magnificent Casino redevelopment, this extraordinary project delivered by Destination Brisbane Consortium, is set to revolutionise Brisbane's tourism market.
- Management rights for sale in historic $3.6 billion Queen’s Wharf Brisbane development 667 luxury apartments across three tiers:
- high-rise Diamond Residences, mid-rise Ruby Residences and low-rise Emerald Residences.
- Development is 100% sold with a projected range of 350-450 investors in letting pool, representing between 50-65% of apartments
- Queen’s Wharf Residences is the only residential tower directly connected to the Queen’s Wharf Brisbane integrated resort development (IRD), an historic precinct that will position Brisbane as a world-class tourism, leisure and entertainment destination
- The IRD is the largest private construction project ever undertaken in Queensland and is being developed by Destination Brisbane Consortium
- Queen’s Wharf Brisbane IRD covers 10% of Brisbane’s CBD, spanning four city blocks of prime river frontage from Alice to Queen Streets and is directly linked to South Bank via the pedestrian Neville Bonner Bridge.
- Permanent rentals will reset the CBD rental market due to premium grade apartment finishes & amenity
- Body Corporate salary of $1.067M per annum
- Concierge service base salary of $180,000 per annum
- 25-year caretaking and letting agreements under Accommodation module
- Reception, back of house and storage under occupational authority
- Opportunity to lease a retail lot on level 4 for short-stay check in service
- Due to complete by early 2025
- All inspections by appointment only
