Ad ID: 75579

Management Rights Business for Sale Whitianga

Tourism Business for Sale Coromandel

Location:
Asking:
$920,000
+GST (if any)

Business for Sale Description

Management Rights Business for Sale Whitianga

This is a profitable management rights business!

The Esplanade Apartments Whitianga is in the best location for both International and Local visitors to Coromandel. Located in the heart of Whitianga just 250 metres from the heart of the town centre. A stone’s throw from some of the best restaurants in the Coromandel.

The location is very popular with guests as is the accommodation options - one, two and three-bedroom ocean-view apartments,

In the management pool there are 18 apartments comprising one, two and three bedroom apartments. The apartments offer private balconies with choice of views of the swimming pool, the Whitianga marina and wharf or the ocean and beach!

Business Resources

Key features of the apartments:

  • Spacious open-plan living 
  • Designer kitchens
  • Sky TV 50+ channels and DVD player 
  • Private balconies with fantastic waterfront and town views 
  • Wi-Fi throughout the property 
  • Spa pool and swimming pool 
  • Undercover parking 

What you are buying

The management rights are 10+10+10 years through to 2039

Managers’ freehold unit title unit including adjoining reception and under cover parking.

Income from Body Corp fee and from rentals and service charges. Being in a key tourist destination there is the opportunity to grow both the income and value of the business.

Contact the brokers to arrange an inspection or clarify the benefits of a management rights business

Interested In This Opportunity?

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Tourism Properties.com
For more info
Contact:

Tom Crawford

+64 21 278 9200
Tourism Properties.com
Licensed REAA 2008
Broker Ref: 67373

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