Auckland City Management Right Business

Auckland City

$1,250,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c509b5



This Auckland accommodation business is located at an enviable address. Accommodation demand within Auckland is strong, providing confidence for business purchasers within the accommodation sector.

Business benefits:

Immediate positive cash flow
Financial performance supports the asking price
Six-figure annual surplus
No working capital requirements
Body Corporate pays for and provides a managers apartment onsite, recently refurbished
Lengthy tenure

The apartment complex:
Within this multi-storey complex most apartments have an abundance of natural sunlight, some have views across Auckland city and harbour, and the apartment complex is perfectly positioned being a short distance to restaurants, Queen Street retail, Event cinema, universities and motorway access. The address is also zoned for Auckland Grammar.

Tenanting these well-appointed apartments isn't challenging and tenant demand coupled with superb rents presents the next business owner a readymade business with significant profits.

Astute purchasers will act now to avoid missing this management right business opportunity, on freehold land.

Please complete the confidentiality deed to proceed further.

Reference: EL01254
Ref: EL01254
Timestamp: 20190422064527

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