Maryville, New South Wales
HEALTH ISSUES REQUIRE ALL OFFERS TO BE PRESENTED. NSW MANAGEMENT RIGHTS.
SOLD
Business Description
We are very excited to have been appointed as EXCLUSIVE Brokers to market the Management Rights and owners’ residence of this outstanding complex.
The property enjoys a beautiful position on the riverfront in Maryville, Newcastle in NSW.
The complex consists of 77 beautifully finished apartments and 8 of these are in the rental pool.
This is a very high demand rental area so vacancies are non-existent.
There is opportunity to grow the business by securing more rental from the 5 that are managed by outside Agents.
There are long agreements and no office hours.
A true lifestyle property that will tick all of the boxes.
Business Summary
Key Investment Insights
1. Exclusive brokers have been appointed to market the management rights and owners' residence of this complex in Maryville, Newcastle.
2. The property enjoys a beautiful riverfront position.
3. The complex consists of 77 well-finished apartments, with 8 in the rental pool.
4. High demand rental area with no vacancies.
5. Opportunity for growth by securing more rental from the 5 units managed by outside agents.
6. Long agreements and no office hours.
7. A true lifestyle property with potential for high returns.
8. Managers unit included in the sale.
9. Complex information is available for interested buyers.
10. Health issues require all offers to be presented, making this a motivated sale.
