- Listing ID: 878405
Management Rights Of 40 Units On South Island For Sale
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Summary
- Asking price:
- $1,100,000
- Sales revenue:
- Available on request
- Cash flow:
- Available on request
)
Business description
One of New Zealand's finest 4 star 40 unit Management Rights Complex is for sale.
The mix of units includes studios, 1,2 & 3 bedroom units
This business includes a conference centre business unit on site ( including ownership of the extensive chattels in this business unit) and a 3 bedroom apartment for the Manager / Owner to live in free of charge, therefore, you have no capital tied up in the ownership of the managers unit title apartment on site.
This business has returned between $200k and $220k every year for the last 3 - 4 years and is stragetically positioned to continue to be a cash cow for a owner/operator.
Occupancy has achieved 77% during the last 12 months (June 08 to July 09)
Management Rights do not come better than this.
Property information
- Real Estate:
- Real Property Included
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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