Skip to main content

Management Rights business for sale in Sydney

  • Management Rights
  • Sydney NSW 2000
  • Business $7M + $295K Office

High-Netting Sydney Short-Term Management Rights! | Resort Brokers ID : MR005667


Rare Sydney Management Rights to market! An exclusive opportunity to acquire a high-profile Apartment Hotel inner-city Sydney.

- Purpose-built, short-term operation situated in undersupplied inner-city region of Sydney
- Extremely large net profit of $1,380,608 (verified by specialist accountant Holman's)
- Renewed 10 year Caretaking and 15 year Letting Agreements
- Key operating space on freehold title - 38sqm
- Hotel lobby, reception, ample storage facilities and secure parking
- 60 apartments in the letting pool with recent soft product improvements throughout and further growth opportunity
- Opportunity to purchase up to 4 additional studio apartments
- All inspections will be carried out by appointment only

Business Highlights

Business ID2014948320
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  14 Feb 2019
Map for Sydney NSW 2000
Resort Brokers Australia Pty Ltd
362 Montague Rd West End QLD 4101

Ask Tim Crooks about this business

By sending this message, you agree to our Privacy Policy.

CallEmail