RARE MELBOURNE MIXED-USE MANAGEMENT RIGHTS WITH $540K NOP
Located in a popular precinct in suburban Melbourne, Clayton Serviced Apartments is a fully established business that's ideal for both short-stay and permanent occupation. This well-maintained, easy to run complex comprises 181 apartments and townhouses and has been a high performing business since inception.
- Verified net operating profit of $540,999
- High annual $179,116 Owner's Corporation salary
- Total 181 units with 87 in the letting pool - inc. 33 in short-term pool
- Prime location close to Monash University, Hospital / Medical, Business Park
- Caretaking / Letting Agreements with 23 years tenure
- Huge upside opportunity with 55 units being managed by external agents
- No requirement to live on-site
- Well-appointed operational areas – reception, office, storage, linen room
- Easy to clean common areas and no communal facilities
- Includes 3 bed, 2 bath manager's unit (in short-term pool generating c. $45K income) - $650K
All inspections by appointment
