Its been a long time since a management rights business of this quality has been offered for sale in Victoria. The property is situated within the 13th Beach Golf Links complex between two top 25 Australian golf courses.
- Excellent return of 27.5%.
- The management rights business includes fixed remuneration for caretaking duties and a service and commission for renting out the apartments. The split is 55%/45%.
- Unit owners are responsible for all replacements, repairs and maintenance.
- No requirement to buy a unit.
- Modern complex built in 2005.
- Management rights business with 20 years remaining (agreement expiring in 2036).
- High occupancy.
- Located between two world class golf courses.
NB: Property inspections are by appointment only
||VIC - Melbourne
||Management Rights - All