PRICE REDUCTION - 4-STAR SERVICED APART-HOTEL IN INNER-SYDNEY WITH C.$1M NET | Resort Brokers ID : MR009395
Resort / Holiday Management Rights for Sale in Sydney Inner North Shore, NSW — $4,895,000
Key facts
- Price
- $4,895,000
- Location
- Sydney Inner North Shore, NSW 2090
- Type
- Resort / Holiday Management Rights
- Net income
- $1,000,000 (actual)
- Caretaking remuneration
- $92,433
- Units in letting pool
- 70
- Total units in complex
- 102
- Agreement term (years)
- 25
- Agreement remaining (years)
- 25
- Listed by
- Resort Brokers
- Listing ID
- 21201298
- Last updated
- 2026-11-03
Description
Established and run currently under a management structure, this substantial short-stay management rights business is located in Sydney's tightly held lower north shore. An asset of scale and quality, the business has strong historical performance and delivers a net just shy of $1m and comes with the added security of newly topped up agreements to the full 25 year term. <br />
<br />
<br />
- Over 100 keys with 70 in the short-term pool all under performance undertaking arrangement<br />
- Brand new agreements, with 25-year max on the letting agreement and 10-year max on the caretaking agreement<br />
- Verified net profit of $999,213 underpinned by a body corporate salary of $92,433<br />
- Run under management with full-time reception staff, contract cleaners, housekeeping and maintenance teams<br />
- No requirement to live onsite or own an apartment in the building<br />
- Property has dual appeal to corporate and leisure markets providing consistent year-round demand<br />
- Current brand agreement due to expire in April 2027 giving new owners the option to retain or white label the asset<br />
- No food and beverage operations or leisure amenities to manage making this a low-maintenance operation<br />
- Manager’s office/reception on freehold title comprises 28 sqm plus 10 sqm storage on the lower ground floor<br />
- Current office hours run Monday to Friday 8am to 5pm and Saturday 9am to 1pm<br />
- This operational model suits experienced operators seeking a large-scale Sydney asset<br />
Date updated: 03 Nov 2026 23:00:03
<br />
<br />
- Over 100 keys with 70 in the short-term pool all under performance undertaking arrangement<br />
- Brand new agreements, with 25-year max on the letting agreement and 10-year max on the caretaking agreement<br />
- Verified net profit of $999,213 underpinned by a body corporate salary of $92,433<br />
- Run under management with full-time reception staff, contract cleaners, housekeeping and maintenance teams<br />
- No requirement to live onsite or own an apartment in the building<br />
- Property has dual appeal to corporate and leisure markets providing consistent year-round demand<br />
- Current brand agreement due to expire in April 2027 giving new owners the option to retain or white label the asset<br />
- No food and beverage operations or leisure amenities to manage making this a low-maintenance operation<br />
- Manager’s office/reception on freehold title comprises 28 sqm plus 10 sqm storage on the lower ground floor<br />
- Current office hours run Monday to Friday 8am to 5pm and Saturday 9am to 1pm<br />
- This operational model suits experienced operators seeking a large-scale Sydney asset<br />
Date updated: 03 Nov 2026 23:00:03