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Description: Ready to take the reins of a thriving, low-maintenance business in one of Melbourne’s most sought-after suburbs? This well-established management rights operation delivers strong income, long-term security, and immediate upside — all in a blue-chip lifestyle location.
Why This Stands Out;
Perfectly positioned in a vibrant inner-Melbourne suburb, the business benefits from strong rental demand, excellent public transport, and a surrounding mix of cafés, retail and amenity. Melbourne’s resilient property market and the suburb’s ongoing appeal underpin long-term stability and growth.
At a Glance
💰 Net Profit: $219,648 p.a.
📋 Body Corporate Salary: $146,792 p.a.
📈 CPI Upside: Approx. $3,500 increase due February 2026 (not included in sale figures)
📆 Agreement Term: 17 years remaining
🏗️ Established Since Construction: Same owner since completion
🏘️ Letting Pool: 39 permanent rentals with a stable tenant base plus 3 external letting appointments
👤 Owner Operator Friendly: Efficient, streamlined operation suitable for a solo operator; outsourced cleaning can remain in place
Turnkey with Upside:
This is a walk-in, walk-out business with proven systems, strong agreements and consistent income. Additional upside exists through future unit sales within the complex, with no sales income currently reflected in the profit figures.
Motivated Vendor – Genuine Opportunity:
The owner is motivated to sell, presenting an excellent opportunity for both experienced operators and first-time buyers to secure a quality asset in one of Australia’s most liveable cities.
If you’re looking for solid income, long-term security and future growth — this one deserves close attention.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
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