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Auckland Management Rights
Listing: #EL01367
Lindsay Sandes
Broker | Auckland - Ellerslie
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About this Business for sale in
Auckland Management RightsResidential Management Rights Business in Auckland CBD, walking distance to Auckland city waterfront and restaurant cafe precincts.
This residential management right business would suit a couple looking for the good life in Auckland city
Over the past few years the demand for residential accommodation businesses in Auckland outstripped demand. This Management Right business offers a new owner one of the few existing opportunities to cash in on this market.
- An excellent business with a plus six figure desirable profit
- The managers apartment is provided and paid for by the body corporate
- Auckland residential accommodation is in high demand, providing dependable letting income to you
- High rise residential tower with exceptionally presented apartments
- approx 25% ROI
Call the vendors sole agent to discuss this opportunity
Reference: EL01367
Asking $895,000
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.