Stunning Mount Maunganui Management Rights
Listing: #HC00003About this Business for sale in Bay of Plenty
Stunning Mount Maunganui Management RightsThe Anchorage Apartments managements rights, freehold apartment and other associated real estate offers a fabulous business opportunity in the heart of Mount Maunganui. This
block is one of the Mount’s most prestigious accommodation businesses, located just minutes from all the fabulous shopping, cafes and restaurants which draw many thousands of visitors annually.
The newly re-fitted complex offers 5 -star facilities and showcases a reception foyer which would equal the best anywhere. It also offers the business owners a wonderful lifestyle with a
fantastic management income, seldom seen at this level. The business is well-established with substantial net income.
Key Features:
* Prime location overlooking Pilot Bay and just a few minutes to the beach
* Set aside from the main hustle and congestion of the Mount
* Significant income to support this fabulous lifestyle
* Two bedroom freehold owner’s apartment and other associated real estate
* 68 apartments/stunning recreational facilities of Gymnasium, Pool & spa pools
* A very strong business offering excellent returns - very good letting pool numbers also
Owners’ Apartment:
* Excellent spacious living
* 2 bedrooms & bathrooms
* New decor & carpet, double glazing, modern kitchen
* Car park
*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.