Rare Inner-City Management Rights in Sydney - Proj. NET $544K
Rare Inner-City Management Rights in Sydney - Proj. NET $544K
Rare Inner-City Management Rights in Sydney - Proj. NET $544K
Rare Inner-City Management Rights in Sydney - Proj. NET $544K
Rare Inner-City Management Rights in Sydney - Proj. NET $544K
Rare Inner-City Management Rights in Sydney - Proj. NET $544K
Rare Inner-City Management Rights in Sydney - Proj. NET $544K
Rare Inner-City Management Rights in Sydney - Proj. NET $544K

Rare Inner-City Management Rights in Sydney - Proj. NET $544K

$1,906,184Under Offer

One A is an outstanding permanent management rights opportunity set within the 17 hectare Ashmore Precinct just 3km from the CBD.

Key Features

  • Two uniquely designed buildings featuring very distinctive architecture.
  • 175 residences comprising one and two-level terrace-style homes, apartments and penthouses wrapping around a lush internal courtyard. 
  • Manageable caretaking & cleaning duties with a music room and courtyard as the only common areas.
  • Currently under construction, with an expected completion of February 2018.  
  • Of the 175 apartments, approximately 105 will form the letting pool.
  • Basement parking on two levels.
  • 7sqm freehold strata-titled office
  • Option to buy any available stock as a manager’s unit or passive investment.
  • Superb location with doorstep access to 42 hectares of council parkland.
  • 650m walk to Erskineville train station and two stops to city centre.
  • A 5 minute stroll to Erskineville village and a 10 minute drive to the airport.
  • Expressions of Interest with set price closing on Thursday 15th June 2017 at 5pm.

NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004746
Property Type: Management Rights
Region: NSW - Greater Sydney
Suburb: Erskineville
Sale Type: Management Rights - Off the Plan
Net Profit: $544,624
Price: $1,906,184

Listing Agent(s)

Agent Feedback

ARIA Property has had the pleasure of working with Tim on our 3 most recent projects, VINE, Jardin and Austin. Tim is very knowledgeable in off the plan multi-unit residential and his enthusiasm is infectious. He has shown to have a good work ethic and has been very transparent in all of his dealings.  ARIA Property Group will continue working with Tim on its upcoming developments.      

- Tim Forrester
Managing Director,
ARIA PROPERTY GROUP

Tim is helpful, friendly and passionate about the management rights industry and it is a pleasure to work with such a professional who takes a long term outlook on the industry.

- Michael Kent
Queensland Development Manager,
PELLICANO GROUP

Shane Wynhoven did a sterling job in securing the sale. He had to jump through a lot of hoops to get this across the line but he did so in a thoroughly professional manner at all times. He responded promptly to any enquiries we had with the property and updated us of any progress and of any impending problems.

- Bruce and Tanya McDonald MILLTHORPE MOTEL