Key Investment Insights
AI generated. Confirm details with the seller.
1. Unique Management Rights opportunity with long-term agreements in place.
2. Currently run under management, providing potential for increased profits with hands-on management.
3. Consistent high occupancy rate of over 80%.
4. Zoned for short term letting only, ensuring a steady stream of guests.
5. All apartments in the letting pool, providing a steady income stream.
6. Top award winning hotel in the area, attracting a loyal customer base.
7. New furniture packs for all apartments, ensuring a modern and comfortable experience for guests.
8. Seven levels with basement parking and a rooftop entertaining area, providing additional amenities for guests.
9. Check-in counter, office, and reception area all on title, making management and operations more efficient.
10. Manager's residence is a spacious two-bedroom apartment with additional storage areas and parking spaces.
11. Net profit of $669,951, providing a strong return on investment.
12. Asking price of $4,350,000, inclusive of manager's real estate.
13. Exclusive Management Rights Broker, Phil Trimble, available for further information and inspection arrangements.
