Rare Sydney Management Rights to market! An exclusive opportunity to acquire a high-profile Apartment Hotel inner-city Sydney.

Key Features

  • 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
  • All inspections will be carried out by appointment only

Key Details

Listing Ref: MR005667
Property Type: Management Rights
Region: NSW - Greater Sydney
Suburb: Sydney
Sale Type: Management Rights - All
Net Profit: $1,380,608
Price: Business $7M + $295K Office

Listing Agent(s)

Agent Feedback

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

I would like to say thank you very much to Trudy for steering our deal across the line! All negotiations these days seem to take time and I appreciated her persistence, communication & feedback along the way. The purchasers seem intent on making the operation a success and with the help of others I think we have a good shot of kicking the complex away nicely. Looking forward to settling and cracking the bubbly!!

- Sandy Murdoch
Vendor,
Oshen Apartments

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