ID 7856 BL, Sydney, New South Wales

Under Contract / Offer

Property Description

Business For Sale - Rarely Available Inner City Permanent Management Rights - ID 7856 BL

UNDER CONTRACT
Permanent Management Rights Close to Sydney CBD
No Residential Real Estate to Purchase

- No requirement to live on site
- Currently 62 quality permanent rentals in the letting pool
- Refurbished building 2005
- $125,560 supervisory remuneration
- No lawns, gardens or pool to look after
- After hours security in place
- 10 minutes to Sydney CBD
- Office and storage in place
- Full real estate licence required
- New 10 year agreement from settlement

A great opportunity to continue re-sales in the complex and grow the rental pool

Net Profit: $286,000
Asking Price: $1,450,000
(inclusive of managers real estate)

For further information on this NSW management rights opportunity contact:

Exclusive Broker
Warren Sweetman
0498 965 005
warrensweetman@mrsales.com.au

Property Summary

Managers Unit

Complex Information

Total Units in Complex: 0

Marketing Agent


Marketing Agency

MR Sales

Warren Sweetman
MR Sales

Phone

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Map Location ( get directions )

ID 7856 BL, Sydney, New South Wales 2000

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$1,450,000
Net Income: $286,000
Managers Estate: - - Bed - Bath
Letting Pool: 164
Remuneration: $125,560

MR Sales