Inner-City Business Only Management Rights With Attractive Multiplier!
This modern apartment building offers the successful buyer a great opportunity to secure a low maintenance building that is well positioned in the letting market and is always full.
- Going concern business only management rights with long term agreements
- Fantastic inner city location with “green” feel overlooking park and CBD views to many apartments
- High yield of 22% given there is no requirement to purchase real estate
- Limited caretaking duties given the common areas are
- 25 year agreements with almost their full term remaining
- Ideal for newcomers to the industry or local operators looking for an “add on”
Please submit offers coupled with resumes detailing industry experience to the exclusive marketing agents, Resort Brokers Australia.
NB: Property inspections are by appointment only