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Business For Sale. Beachfront Freehold-management Rights Mt Maunganui

LISTING DETAILS
Firms For Sale ID:
31161
Vendor reference:
14171
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$1,400,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Sunny Beach Lifestyle with an exceptional income.

Luxury Apartment Freehold with Management Rights and the Letting Business, Located on the famous Mount Maunganui Surf Beach รข?? Bay of Plenty NZ established 12 years ago by the current owners and has seen a steady growth with good net returns. The 5 Star beachfront accommodation consists of 15 x 1, 2, 3 bedroom and Penthouse apartments in the letting pool out of the 20 apartments in the complex. The complex also has an Onsite Restaurant and Bar run separately.

The Managers large 2 Bedroom, 2 Ensuite Apartment is unique as it is on the front of the complex with full ocean views and a private courtyard.

Most Managers apartments are normally located at the rear of the complex.

The Apartment also comes with Tandem car parks, and has the office located next to it. All the letting apartments have balconies and Ocean/Sea views, with secure car parking and an internal elevator to the upper levels. Another inviting feature is the fact that the complex is also licensed to have Minibars in all the Apartments.

Value with a lifestyle, you be the judge, see the view for yourself while making money.

Price is plus GST (if any).