Permanent Management Rights opportunity in the highly sought-after West End

ResortBrokers is excited to exclusively present to market the business only management rights to the highly sought-after Glass Factory Apartments.

Comprising a total of 47 one, two, and three-bedroom apartments, the Glass Factory’s design is characterised by a seamless integration of indoor and outdoor spaces. The Glass Factory presents a unique investment opportunity with 31 apartments currently in the letting pool, long-term agreements and 22 years remaining, the property also has a strong history of top-ups.

The current vendor, who has owned the property for approximately eight years, has a genuine reason for sale as poor health has dictated the need to sell and has instructed us to engage with experienced, financially qualified buyers who can work within swift timeframes to settle the property accordingly.

With no office hours and no real estate concerns, this opportunity ticks all the boxes for astute investors seeking a seamless and prosperous venture.

  • Vendor owned for 8 years after purchase from developer
  • No set office hours and no real estate to purchase 
  • Total of 47 units with 31 currently in the letting pool 
  • Long term agreements - 22 years remaining 
  • Net profit over $130k
  • Prime central location close to all amenities 
  • Genuine reason for sale as poor health has dictated the need to sell witha swift settlement 
  • Inspections by appointment only