Management Rights Business for Sale Mount Maunganui
Tauranga, ID 163411
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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 packageFinancial 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
Details
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