Management Rights Business for Sale Mount Maunganui in New Zealand for 2495000

Asking price:

NZD $2 495 000

Owner

Owner's representative

Description

This established beachfront management rights business offers a reliable income and the chance to enjoy a live-in coastal lifestyle. After more than a decade of ownership, the current owners are retiring and have adjusted pricing for a timely sale. Business Highlights * 15 of 20 apartments currently in the letting pool * Fully renovated, low-maintenance complex * Supportive body corporate with secure agreements * Freehold manager's apartment with ocean views included in the package Financial performance for FY25 shows a net profit of approximately $215,000, supported by a stable operating history. The business is well organised and provides a solid platform for a new owner. There is potential to increase returns by modestly expanding the letting pool without adding to the workload. This opportunity suits a couple or individual seeking a balanced lifestyle business with flexibility, consistency, and long-term security in a premium coastal location. Pricing * Business only $895,000 (previously $1.1M) * Manager's Freehold Apartment $1.6M (previously $1.66M) * Package (Business + Property) available

Similar businesses