Sydney, New South Wales

$3,700,000

Property Description

Business For Sale - Rare Permanent Management Rights - Sydney - ID 8201 H

- Exceptionally Rare Permanent Sydney Management Rights in Profile Growing Area
- Significant Growth and Upside
- Situated in undersupplied region of Sydney with significant growth, close to CBD
- Shopping, transport and services all in immediate area
- Reliable net profit (verified by specialist accountant)
- Renewed long term Caretaking and Letting Agreements
- Spacious manager's residence with private entertaining area
- Ample storage facilities and secure parking
- In excess of 100 apartments in the letting pool with further significant growth opportunity

- Confidentiality Conditions Apply.
- All inspections will be carried out by appointment only.

Net Profit: $490,003
Asking Price: $3,700,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this NSW management rights business opportunity for sale contact:

Exclusive Broker
Michael Philpott

Property Summary

Business Snapshot

Price: $3,700,000 Net Profit: $490,003 Remuneration / Body Corp Salary: $325,892Body corp salary review: CPI Annually

Managers Unit

Bedrooms: 2Bathrooms: 2Car Spaces: 1Pets OK: Yes
Two bedrooms, Two bathrooms, Exceptional entertaining area overlooking landscaped gardens

Complex Information

Complex Type: PermanentTotal Units in Complex: 302Total Units in Letting Pool: 104Permanent Units: 104Owner Occupy Units: 152Outside Agent Units: 45Manager Units: 1Agreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesSpa: YesSauna: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

MR Sales

Michael Philpott
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Sydney, New South Wales 2000 Exact map location not provided

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