Sold
Management Rights · Griffith · MR007436
Family-owned and operated since 1994, this business is being offered for the first time in 28 years and is ready to be taken to the next level.
Rare Management Rights in Canberra offered for the first time in 28 years
Family-owned and operated since 1994, this business is being offered for the first time in 28 years and is ready to be taken to the next level. Management Rights are rare and often tightly held in Canberra and unlike their next-door neighbours in NSW with agreements to a maximum of 10 years, this Management Rights business has a 25-year agreement in place commencing in 2021. Don't let this opportunity pass you by and contact today for further information.
- Net profit
- $238K
- Asking $1,413,658
- Status
- Sold
The business at a glance.
- Refurbishment fund in place
- Rare Management Rights opportunity in the ACT
- Apartment owners pay most expenses
- Prime location in Canberra, close to all major attractions
- Option to rent out the second bedroom of the two-bedroom unit for additional revenue
- Offered for the first time in 28 years with a 25-year agreement in place
- Property inspections are by appointment only
The asset, the manager unit, the location.
Griffith, ACT
Griffith, ACT
Talk to the broker.
Ask about similar propertiesGlenn Millar
Senior Specialist Accommodation Broker Sunshine Coast
0412 277 804
07 3878 3999
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