RARE, PERMANENT SYDNEY MR NET $500K - 25 YEAR AGREEMENT
Fully established, permanent MLR business. A sensational opportunity for an experienced operator to secure a prime management rights and rent roll business netting circa. $500,000.
- High-rise permanent apartment complex
- Excellent on-site amenities include indoor pool, spa and gymnasium
- Verified net profit circa $500,000
- Includes external rent roll with upside potential
- Real Estate includes a large two bed / two bath apartment with secure carpark - currently rented earning $27.5K per annum
- Manager's office with meeting room on ground floor under title
- Additional storage areas, ample parking and low maintenance gardens
- Very rare 25 year agreement, most agreements in NSW are limited to a 10 year term
- Well-run and neatly maintained MR business, in a prime location, offering incredible growth and upside potential for the incoming manager's.
- Inspections by appointment only
