Management Rights, South Melbourne
Management Rights
ActiveHospitality & TourismVictoriaB2B & B2C
Asking price
Expressions of Interest
Disclosed · AUD
Revenue
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Earnings
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Implied multiple
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Brief
- Two high-rise towers totalling 879 apartments, Tower 1 established and Tower 2 off-the-plan
- Tower 1 has 101 units in the established permanent rental pool
- Substantial facilities/caretaking salaries across both towers
- 25-year agreements, ready-drafted and disclosed from the outset
- Option to purchase 50sqm retail space for increased exposure
- Prime city-fringe location appealing to tenants, residents and guests
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