MRSales

management rights & resort specialists

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Head Office 1300 928 556

Exclusive Agency – 200 Units Close to Railway, Beach & CBD

NSW Management Rights For Sale
Permanent Complex

  • Well managed permanent Management Rights business in a prime location
  • Remuneration / Body Corp Salary:$211,940
  • Inner city lifestyle, restaurants and services at the door
  • No need for a car, significant transport options at the door or simply walk everywhere you need to go
  • Strong established management systems in place
  • Ability to grow with prior Corporate short-term guests in the past
  • 177 apartments in the complex (including Management Residential lot)
  • Only 60+ units with a couple of long term commercial tenants currently in the letting pool
  • Variety of studio, one-, two- and three-bedroom accommodation
  • Office, residence and storeroom with carparking on title
  • Manager can live in or have a representative reside on site in any lot in the scheme
  • BC Agreement recently topped up
  • Located within the boundaries of the commercial and retail district within walking distance of the Railway Station 250 metres south
  • Common property recreational facilities inclusive of indoor swimming pool and spa, gymnasium, outdoor barbecue and recreation area and onsite management
  • Significant number of external agents, win the business back
  • 30 minutes to Sydney CBD
  • 10 minutes’ drive to beaches
  • Completed 2004

Complexes for this quality and price are exceptionally rare and this is a must for inspection. With the ability to significantly grow the business a realistic option, this is your opportunity to make your mark on the real estate industry and capitalise on the opportunity.

The ability to get involved in Real Estate Sales and external leasing is a real opportunity to put additional cream on the profits with the overheads and cashflow covered from the existing business.

Confidentiality agreements are required and Accountants prepared financials  are available.

Inspections are strictly by prior appointment.

Net Profit: $292,083
Asking Price: $2,000,000
(Inclusive of Manager’s Real Estate)

For further information or to arrange an inspection of this NSW Management Rights for sale contact:

Exclusive Management Rights Broker:
Michael Philpott
0433 137 927
michaelphilpott@mrsales.com.au

Every care has been taken to verify the accuracy of the information contained in this document, including photos and artists impressions, but no warranty (either express or implied) is given by the agent as to the accuracy of its contents. Proposed purchasers should conduct their own investigations into all matters relating to the proposed purchase of the management rights business, motel, freehold, leasehold or investment property or any property or business advertised by Management Rights Sales.