Owners Corporation - North Western Suburbs (GLOC13)
Body Corporate (Strata) Management business has been engaged in strata title / body corporate management for 2 years. They have decided to sell off the portfolio to pursue other business interests.
There are 12 managements with multiple year appointments. Rarely does an opportunity arise to purchase a well run strata portfolio in the following suburbs; Brunswick East, West Melbourne, Brighton, Williamstown, Clifton Hill,
Sandringham, Narre Warren, Cheltenham, Bentleigh East, Windsor and Elsternwick.
Asking price $270,000
The financial stability and trading strength of the business is evidenced by how well Owners Corporation businesses weather difficult economic times.
No. of Plans - 12
No. of Lots - 228
Management Fees - $77,284,000 (av. $339)
Insurance Commission - $23,500
Disbursements - $9,754
For further information please contact Gary Lay on
0407 526 431 or 03 9888 6488 or email