Brunswick, Victoria

Management Rights for Sale Inner Melbourne Business Only

$849k Negotiable - Business Only

Business Description

Opportunities of this calibre are exceptionally rare in Victoria. Offering a long term management rights agreement—something seldom available in the Victorian market—this outstanding business-only operation delivers the long-term security buyers are increasingly seeking, without the additional capital required to purchase a manager's residence.

Currently operated successfully by a single owner, the business has been designed for simplicity and efficiency, generating a net profit of $234,104 per annum, including a secure Body Corporate salary of $150,300. The business comprises 38 permanent letting appointments plus three external managements and has been owned by the original operator since the complex was completed. A significant feature of this opportunity is its exceptionally low workload. The current cleaning arrangements are funded by the current owner, allowing the business to continue operating in a highly passive manner should the incoming owner wish to retain the existing model, making it an ideal lifestyle business for a solo operator.

Positioned in one of Melbourne's most desirable inner-city suburbs, the property benefits from strong rental demand, excellent public transport and an enviable mix of cafés, shopping and lifestyle amenities, providing a stable platform for ongoing performance. This is a genuine walk-in, walk-out operation with established systems, secure agreements and immediate cash flow. Importantly, the current profit does not include any income from future apartment sales, presenting additional upside for the next owner.
With the vendor genuinely motivated to sell, this represents a rare opportunity to secure one of Victoria's most tightly held and easy-to-manage management rights businesses.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary