48% RETURN ON INVESTMENT! CARETAKING ONLY
A stunning residential complex from which to operate your caretaking business.
This South Yarra Management Rights for sale is located only 4km from Melbourne’s CBD.
Office lease included. No real estate to purchase.
17 years remain on Caretaking Agreements.
An uncomplicated business with minimal common area to maintain.
Sophisticated residents complement surrounding iconic restaurants, parks and shopping opportunities.
Do not delay! Act now before this fantastic business sells.
Price: CARETAKING ONLY $240,000
Net Profit: $114,800 Remuneration / Body Corp Salary: $122,005Body corp salary review: CPI Annually
Managers UnitOffice: Other
NO UNIT TO BUY
Complex InformationComplex Type: PermanentTotal Units in Complex: 213Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 17 yearsSpa: YesSauna: Yes
Other Features / Notes
CARETAKING ONLY. NO REAL ESTATE TO BUY!