Completed in 2019, this exceptional property comprises 54 units, presenting a lucrative opportunity for management rights. With four units already in the letting pool, This Mid-Rise Complex stands as a nine-floor complex, with each floor hosting six apartments, offering an ideal investment prospect.
Strategically located in a highly sought-after, investor-friendly building, the property boasts a rooftop BBQ lounge area that provides breathtaking Broadwater views, elevating its overall appeal. Notably, the business operates exclusively without designated office hours, ensuring convenience and flexibility for both investors and residents.
The property’s secure parking facilities and pet-friendly environment contribute significantly to its attractiveness. The new 25-year agreement, coupled with minimal duties, ensures a stable and low-maintenance investment. Furthermore, the substantial potential for unit sales enhances its overall profitability, making it an enticing opportunity for discerning investors in the management rights market.
