RARE CENTRAL MELBOURNE CARETAKING OPPORTUNITY

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Description

Stratacorp proudly present a rare magnificent dual caretaking and management rights opportunity (2 buildings) situated in the highly sought-after Melbourne CBD fringe area. One building offers the caretaking only and the other a small letting pool of 27 units. Both buildings are on a 25 year agreement.
This business would suit a perfectly for a stand alone operator, or bolt onto an existing business. With the primary income being caretaking remuneration this robust opportunity stands up extremely well through challenging economic times.
Key Highlights:
– Centrally located “Rare” Melbourne opportunity
– Substantial caretaking income $212,000
– Spacious managers residence
– Very little facilities and easy to maintain
– 167 total units with rental pool growth opportunity
– Modern office

For Sale $1,610,000

  • Listing Ref: STC-01768
  • Property Type: Management Rights
  • Property Category: Permanent
  • State: VIC
  • Suburb: MELBOURNE
  • Net Profit: $245,084 (Actual)
Charles Nurse
Director
0477 826 666
1800 111 622

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