Lifestyle Living with Real Estate
Listing: #EL02312Lindsay Sandes
Broker | Auckland - Ellerslie

About this Business for sale in Bay of Plenty
Lifestyle Living with Real EstateTauranga area, semi retirement with perpetual income.
Live on site and be paid $66,000 per annum in perpetuity. This Management Agreement role and managers residence is selling - a large 3 bedroom 2 bathroom home with double garage and attached workshop
In 2009, a concept gated lifestyle village for over 50’s was built in Pyes Pa, Tauranga outskirts, and was immediately successful with over 50’s seeking a secure environment in landscaped grounds.
Fifty residences and a common room called Greenhouse were built. At that time a resident managers role was agreed, plus a three bedroom managers home set aside at the gate entrance. The duties are limited, in return for a secure lifestyle residence and perpetual income via a Management Agreement
This would suit a couple seeking a quieter future with limited work in the Tauranga region
Please complete the confidentiality agreement online to commence discussion.
Price $991,000, comprising
- $795,000 Real estate (incl GST)
- $196,000 (plus GST, if any) Business Management Agreement
Lindsay Sandes 021 895 940
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business
*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.