Brunswick East, Victoria
RARE CENTRAL MELBOURNE CARETAKING OPPORTUNITY
Stratacorp proudly present a rare magnificent dual caretaking and management rights opportunity (2 buildings) situated in the highly sought-after Melbourne CBD fringe area. One building offers the caretaking only and the other a small letting pool of 27 units. Both buildings are on a 25 year agreement.
This business would suit a perfectly for a stand alone operator, or bolt onto an existing business. With the primary income being caretaking remuneration this robust opportunity stands up extremely well through challenging economic times.
- Centrally located "Rare" Melbourne opportunity
- Substantial caretaking income $212,000
- Spacious managers residence
- Very little facilities and easy to maintain
- 167 total units with rental pool growth opportunity
- Modern office
Net Profit: $245,084 Remuneration / Body Corp Salary: $212,439
Managers UnitValue of Managers Apartment: $600,000Bedrooms: 2
Complex InformationComplex Type: PermanentTotal Units in Complex: 167Total Units in Letting Pool: 27Permanent Units: 27Owner Occupy Units: 65Outside Agent Units: 75