5-Star Management Rights Business for Sale Mount Maunganui in New Zealand for 2500000

Asking price:

NZD $2 500 000

Owner

Owner's representative

Description

Pavilion Apartments is a 5-star management rights business offering an exceptional lifestyle and strong income in a prime beachfront location. The 20-apartment complex has recently undergone extensive refurbishment, with premium materials and fittings throughout, ensuring apartments attract premium tariffs. The owner’s apartment is beachfront on the ground floor, featuring 2 bedrooms, 2 bathrooms, and a spacious open-plan kitchen, dining, and lounge area that opens to a large patio with sea views. The location is just steps from the beach, cafes, shops, and Mount Hot Pools. Business Highlights * Boutique, fully self-contained beachfront apartments * 15 apartments currently in the letting pool * Mix of 1, 2, and 3-bedroom apartments with courtyards or balconies and full or partial sea views * High occupancy with consistent profits * Established repeat corporate, domestic, and leisure clientele * Exceptional lifestyle with close proximity to cafes, restaurants, and shops The business and owner’s apartment must be purchased together. This is a rare opportunity to own a premium freehold business in a supreme Mount main beach location.

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