Kokoro Apartments and Windsor Heights – Seize this rare investment opportunity to own the management rights for two premier complexes in prime locations!
– Total Units: 50 across both complexes, with 26 in the letting pool.
– Net Income: $123,184 annually.
– Agreement Terms: 17 years remaining on Windsor Heights agreements, with even longer terms on Kokoro.
– Inspection: By appointment only.
These properties have a steady and substantial net income from the well-managed letting pool. Both complexes are situated in desirable areas, ensuring consistent demand and occupancy. There is no real estate to buy, minimizing initial investment costs. No office hours to maintain, offering flexibility in how you manage the properties. However, there is a small onsite office at Windsor Heights if you wish to use it.
This sale is part of a divestment strategy by a larger group of investors, providing a genuine reason for sale and a unique opportunity for buyers. This is a high-demand opportunity perfect for those looking to enter or expand within the management rights industry. Don’t miss out on this chance to secure a profitable and rewarding business.
Contact the Exclusive Agents:
Malcolm O’Farrell – 0423 091 951 or malcolm@ras360.com.au
Nathan Eades – 0448 993 320 or nathan@ras360.com.au
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**