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Address available on request Southbank, VIC 3006

Address available on request,
Southbank, VIC 3006

Hotel, Motel & Leisure

Price information

Sale

$2,300,000

Key property information

Floor area

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Towering MLR in Melbourne's Southbank with $458K NOP | Resort Brokers ID : MRB008217

Bought to you exclusively by ResortBrokers is the lucrative business-only management rights to The Evermore apartments. An exceptional quality, centrally positioned high-rise permanent complex comprising 366 apartments located in the vibrant precinct of Melbourne’s Southbank.


- Stunning twin-tower development comprising 366 apartments
- Resort-style amenities with pool, sauna, gym, cinema, dining & function rooms
- Business-only MLR with 22 years remaining on agreements
- Current permanent letting pool of circa. 33 units
- Range of 1, 2 and 3 bedroom floorplans with approx. 80 units in unsold stock
- Strong Owner's Corporation salary of $486,684 p.a.
- Office provided under OA with set hours Mon-Fri 8.30am to 5pm
- Run by two person team for building & property management plus contractual cleaners / gardeners
- Large upside potential via unit sales & conversion of outside agents to letting pool
- Prime inner-city location popular with tenants as close to cultural venues, transport & riverside dining precincts

Additional information

Property ID: 504571224Last Updated: 4 May 2024

04175445...
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Address available on request
Southbank, VIC 3006
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