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 Contract

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

The thing we liked best was his refreshing honesty in all of our dealings…we didn’t ever feel that there was any “salesmanship” happening during the protracted negotiations. We wouldn’t hesitate to recommend Shane or Resort Brokers for a job well done and look forward to using your company the next time. He has done himself and your company proud.

- Bruce and Tanya McDonald MILLTHORPE MOTEL

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

Highly professional, honest, trustworthy, thoughtful, with high integrity and a great character.  Shane supported us through the process of purchasing... During the entire sale he provided regular updates before and after the day, 7 days a week, with a high quality standard. We are highly impressed and have no hesitation in recommending Shane from Resort Brokers - I can guarantee you won’t find anyone better.

- Annette and Darryn Mendham SUNDOWNER ORIANA MOTEL