Towering MLR in Melbourne's Southbank with $458K NOP

Bought to you exclusively by ResortBrokers is the lucrative business-only management rights to The Evermore apartments. An exceptional quality, centrally positioned high-rise permanent complex comprising 366 apartments located in the vibrant precinct of Melbourne’s Southbank.

  • Stunning twin-tower development comprising 366 apartments
  • Resort-style amenities with pool, sauna, gym, cinema, dining & function rooms
  • Business-only MLR with 22 years remaining on agreements
  • Current permanent letting pool of circa. 33 units
  • Range of 1, 2 and 3 bedroom floorplans with approx. 80 units in unsold stock
  • Strong Owner's Corporation salary of $486,684 p.a.
  • Office provided under OA with set hours Mon-Fri 8.30am to 5pm
  • Run by two person team for building & property management plus contractual cleaners / gardeners
  • Large upside potential via unit sales & conversion of outside agents to letting pool
  • Prime inner-city location popular with tenants as close to cultural venues, transport & riverside dining precincts
Tim Crooks

Interested? Why not give Tim Crooks a call on 0417 544 562 or