Ad ID: 71792

Retirement Village Management Contract Business for Sale Christchurch

Northwood Villas Management Contract and residence


Business for Sale Description

Retirement Village Management Contract Business for Sale Christchurch

Negotiable over $550,000

Situated in the Northwood Villas Retirement Village, this is an appealing opportunity to acquire the Management Contract and the freehold of the manager's residence in one of Christchurch's most attractive residential sub-divisions. The two bedroom home sits on it's own 332sqm title and is positioned to capture good sunlight throughout the day. Raised garden beds and an outdoor courtyard add to the appeal of living in this gated community with it's own members clubhouse and bowling green.

Responsible for the day to day operation and care of the village in which there are 63 independently owned villas, the managers are paid a fee CPI adjusted annually. Reporting to the elected board the hours of work are flexible with duties clearly outlined in the management agreement. Operational and financial procedures are in place ensuring the smooth operation of the business.

To be sold as a freehold going concern, the rating valuation on the property is $460,000

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Bayleys Canterbury
For more info

Kate Mullins

Kate Mullins
027 248 8456
Bayleys Canterbury
Licensed REAA 2008
Broker Ref: 557319

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