5-Star Management Rights Business for Sale Mount Maunganui

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 shopsThe 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.