(GMO Ref. 6040)
Outstanding opportunity to secure a very strategic residential property holding representing prime redevelopment opportunities.
The properties are initially offered for sale as a going concern as one package. The sale includes the onsite business which currently operates by letting the apartments on a short and long-term basis.
These strategic riverside located properties have been accumulated over the past 23 years and are now offered to the market for the first time as one parcel.
In the main, the 54 apartments are leased to long-term tenants with some of the more desirable apartments being available for short-term “serviced” occupation.
The opportunity exists to improve on the business model by more energetic management as the owners are in retirement mode.
**UPDATE: Certain aspects of this portfolio have now been sold, with others remaining available. Contact Richard Marr for information on pricing and availability**
Contact Richard today for more information
0411 721 878 ¦ firstname.lastname@example.org