Exclusive

INNER SYDNEY BIG PERMANENT MLR WITH NOP CIRCA $750K + UPSIDE POTENTIAL

Rare opportunity to secure a large-scale permanent management rights in Sydney. Well-run by same management since inception, the property is very established and boasts a large net profit underpinned by a high OC salary and a strong letting pool. Based within the city-fringes of Sydney, this is a desired location that has significant tenant drivers ensuring low vacancy and continued demand.

  • Newly topped up 10-year standard agreement
  • Sizeable complex with over 250 lots in a vibrant & well-connected suburb of Sydney
  • With letting pool of 150 appointments that are all let on a permanent rental basis 
  • Wide selection of 1, 2 and 3 bedroom units
  • Body Corporate salary over $400,000 per annum
  • Opportunity to convert outside agents back into the letting pool
  • Freehold operational areas - reception & office, storage and garage
  • Additional neighbouring caretaking businesses provide a further source of revenue
  • All inspections by appointment only
Tim Crooks

Interested? Why not give Tim Crooks a call on 0417 544 562 or

Jacqueline Featherby

Or... call Jacqueline Featherby on 0424 497 056 or