South Yarra, Victoria

CARETAKING ONLY $240,000

Property Description

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.

Property Summary

Business Snapshot

Price: CARETAKING ONLY $240,000 Net Profit: $114,800 Remuneration / Body Corp Salary: $122,005Body corp salary review: CPI Annually

Managers Unit

Office: Other
NO UNIT TO BUY

Complex Information

Complex 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!

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South Yarra, Victoria 3141 Exact map location not provided

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