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Resort lifestyle- Onetangi Beach Apartment MRs with option to purchase real estate
The opportunity to own a management right business on Waiheke is seldom available. Plus a purchaser has the option to own a large apartment in the complex that delivers accommodation or meeting room income. New owners could enjoy the best of Waiheke. Consistent business growth, steps from Onetangi Beach and Boathouse Café, this business provides you the opportunity to accommodate holiday guests and corporate clients on Aucklands doorstep.
Over the years the demand for tourism accommodation businesses on Waiheke Island has exceeded demand. Onetangi Beach Apartments is one of few management right businesses in the greater Auckland region for sale, and offers a new owner the opportunity to cash in on this highly desirable and lucrative market segment.
Real Estate Option – valuation available
The vendors apartment / meeting room can be purchased along with the business. This is a second level apartment within Onetangi Beach Apartment complex, comprising two interconnecting units on a single title and with views toward the beach. The apartment also converts to a small conference room and assists with attracting corporate clients to the resort.
Please complete the Enquire Now form to register your interest. An Information Memorandum is available after discussion with Lindsay
Asking price for the business $625,000
Asking price for the real estate $895,000
Total asking price if business and real estate are purchased $1,520,000
Reference: EL01261
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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