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Management Rights for sale

MELBOURNE RESIDENTIAL MANAGEMENT RIGHTS

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MELBOURNE RESIDENTIAL MANAGEMENT RIGHTS
Property Type: Management Rights Ref: MR001091
Region: VIC - Melbourne  
Suburb: Footscray  
Sale Type: Management Rights  
Price: 660,000  
Contact Agent(s) Jim Chapman  
  P: (03) 9347 3100  
  M: 0413 444 782  
  E: jimchapman@resortbrokers.com.au  
 
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  • Impressive 6 storey apartment building with street level retail shops. 81 new 1 & 2 Bedroom residential apartments each with balcony or patio and secure parking in basement carpark.
  • Exclusive 25 Year Caretaking & Letting Agreements. Commencing Caretaking Salary $40,500.
  • All apartments have been sold and it is expected that some 52 will be available in the letting pool.
  • Quality 1 Bedroom plus study fully self contained apartment with patio and carparking. Office under licence.
  • Projected Nett Profit (at end of 2nd Year) $104,447

 

  • Asking $660,000 (Residence $395,000)

 

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