Ad ID: 55195

Property Management Business for Sale Auckland

Attractive Property Portfolio Management Business

Business Description

Property Management Business for Sale Auckland

If you've been searching for a business that returns a solid profit, is easy to run & ideally located, a successful business that, given the demand for Auckland accommodation, still has tremendous possibilities for future growth, then search no further.

This is a rare opportunity to own an established, profitable, easily-managed property portfolio business, with the 8 LEASEHOLD apartments each being centrally located in the heart of Auckland's bustling CBD.

Consider what's being offered for sale & you'll readily appreciate the profitable simplicity of this really unique, turn key business operation, ideal either to be run by an owner-operator or, perhaps, given over to an independent property manager. The choice is yours but, whichever you choose, the profits are impressive & the potential for further business development equally so.

Here's what you'll be buying:

*8 fully-furnished LEASEHOLD apartments in prime Central Auckland locations (4 in the Viaduct area).
*4 apartments on long-term lets, the other 4 let out short-term using online booking providers.
*An established, in-house rental business generating attractive financial returns.
*A business the current owner spends no more than 20 hours a week on managing it by himself.
*An easy-to-run, fully-systemised business with a complete operations manual.
*The current owner-operator fully available for the first month to support the new owners as they take over the running of the business.

The current owner/operator began this business venture from scratch with no previous experience in this sector. He's justifiably proud of the profitable, streamlined business he's built up but is now looking ahead to his retirement & so wishes to sell his business to someone who can readily appreciate the lucrative opportunity it affords as he did when he first created the business.

Please note, the apartments & management business can only be sold together.
The photos shown are a sample taken of the Quay Street Apartments only.

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