Sold

Silverwater - Permanent - Sold & Settled - ID 7903

SOLD

Permanent Complex

- Exceptionally rare offering and opportunity to enter the Sydney market.
- Well-managed permanent Management Rights business in a prime location.
- Very stable and reliable Remuneration / Body Corp Salary: $171,690 + GST.
- Located 15 kilometres west of the Sydney CBD.
- 133 apartments in the complex.
- 42 permanents in letting pool with room for expansion.
- Manager's Office on separate title and includes single car space.
- Total of 9 buildings, comprises 3 x four level residential unit buildings and 6 x two level townhouse buildings.
- Common property recreational facilities inclusive of indoor swimming pool and spa, sauna, gymnasium, common room, and onsite management.
- Completed in 2004 and in exceptional condition. Very popular with tenants.

Worthy of your consideration and time to have a close look.

This is a fantastic starter opportunity that can be grown significantly.

Net Profit: $229,388
Asking Price: $1,350,000
(Inclusive of Manager's Office)

For further information or to arrange an inspection of this NSW Management Rights for sale contact:

Exclusive Management Rights Broker:
Michael Philpott

Price SOLD
Location Silverwater
Property ID 7903

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