Surpreme Management Rights Fantastic Income

Tauranga

$990,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c505xb

This exceptional management rights business takes pride of place at the foot of the famous Mt Maunganui (Mauoa). Pristine condition, amazing location, available now.

This resort-style management right business would suit a couple already in the industry looking to take the next step, or a couple looking for that lifestyle change this business provides.

Current letting pool offers modern 3, 2 & 1 bedroom apartments that have been meticulously looked after and are always presented at the highest standard.

This modern tourism, accommodation business attracts excellent online reviews and feedback. It achieves great occupancies, and room rates, giving an awesome financial return to both the unit owners and management rights business owner. The guests all enjoy allocated underground car parking to ensure there is no stress.

Included in the business purchase is the owner's management apartment.

Owners Apartment:
* Excellent spacious living indoor & out.
* Modern open plan.
* 2 bedrooms & bathrooms.
* 3 car parks.

Strengths of the business:
- Easy to manage.
- Good letting pool numbers.
- Great work/lifestyle balance.
- Location second to none.
- Plenty of repeat business.
- Strong corporate presence.
- Lease 15 years plus 5 years.

Note: Business also to include the purchase of the manager's apartment and reception.

Price: Owners apartment $900,000
Business $990,000
Total Price $1,890,000

For further details contact Warren Chamberlain - 021 141 5844.




Enquire about this business