HIGH YIELDING CARETAKING & MANAGEMENT BUSINESS 13KM TO SYDNEY CBD

This Management Rights property offers a lucrative return for an astute investor ready to swoop in and secure an efficiently run caretaking and facilities management business with strong upside opportunity to grow the letting pool.

  • Large-scale permanent residential complex with 332 apartments
  • Current total letting pool of 52 - mix of apartment types
  • On-site retail office on freehold title - 49sqm with prominent signage & exposure
  • Exclusive rights over residential sales and rentals
  • Brand new 3 year Facilities Management term agreed
  • Big Caretaking & Cleaning salary of $346,909 p.a. ex GST
  • Solid letting income with plenty of potential to expand the letting pool
  • On-site residential sales business offers huge additional income stream for driven sales person
  • Great Sydney suburb location 13km to the CBD with excellent surrounding amenity

 

Listing Ref MR007498
Property Type Management Rights
Sale Type Management Rights - All
State NSW
Region Greater Sydney
Suburb Campsie
Net Profit $292,720
Price $790,520
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Tim Mayoh

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Tim Crooks
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