High-Netting Sydney Short-Term Management Rights!
Rare Sydney Management Rights to market! An exclusive opportunity to acquire a high-profile Apartment Hotel inner-city Sydney.
- Purpose-built, short-term operation situated in undersupplied inner-city region of Sydney
- Extremely large net profit of $1,380,608 (verified by specialist accountant Holman's)
- Renewed 10 year Caretaking and 15 year Letting Agreements
- Key operating space on freehold title - 38sqm
- Hotel lobby, reception, ample storage facilities and secure parking
- 60 apartments in the letting pool with recent soft product improvements throughout and further growth opportunity
- Opportunity to purchase up to 4 additional studio apartments
- Property inspections are by appointment only