EXCEPTIONAL MLR BUSINESS WITH $578K NET PROFIT
ResortBrokers exclusively presents to market the established Facilities Management and Letting Rights to Sky Garden. A superbly designed three tower complex in Glen Waverley. This large business offers incoming operators a substantial salary with a net profit in excess of $570K and plenty of upside potential by bringing back external lets into the on-site pool.
- Large scale, high quality complex delivered in late 2020
- 536 apartments with 134 in the permanent letting pool
- Good upside opportunity to convert outside agents
- Owner's Corporation salary c. $330K
- Long 23 year tenure remaining on FM & Letting Agreements
- Located 25 minutes from Melbourne CBD
- Excellent operational areas including offices and multiple storage areas
- Residential apartments available to purchase if desired
- Separate Concierge Agreement on 3/3/3 year term
- On-site pool, gym, steam room, day spa rooms, library, meeting rooms, private dining rooms.
- All inspections by Appointment Only