Superb Auckland CBD Living with Substantial Income

Price

$1,050,000

Profit *

$277,000

Sales Revenue

Refer to Broker

Location

Auckland Region, Auckland City

Category

Accommodation/Motel/Hotel, Management Rights

Listing #

EL04657

Lindsay Sandes Headshot

Business Broker

Auckland - Ellerslie

021 895 940

+64 21 895 940

[email protected]

Auckland City Management Rights Business for Sale
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Auckland City Management Rights Business for Sale
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About this business for sale in Auckland Region, Auckland City

Looking for your step into a thriving accommodation Management Right business located in the heart of Auckland city? The Statesman is a premium apartment building in the Auckland apartment scene.

Strategically located in CBD Auckland, on a prime corner site overlooking the city and the harbour, the Statesman is a Management Right and apartment rental business. The predictable income stream from ongoing management of the building ensures stability, while the scalability of managing apartments provides room for future growth. 

This is an ideal balance between a rewarding financial investment and a flexible lifestyle.

With 229 sleek and modern apartments, a gym, generous car parking spaces, spa pool and lap pool, the rental business attracts professional and corporate residents and has earned an exceptional reputation for its high-quality services, and retention of long-term tenants. The management right relates to managing the building,

Highlights include: 

  • Prime location with stunning views of both Auckland city and the harbour 
  • Corporate and professional tenants
  • 229 Apartments with three parking levels & 134 parks
  • Management right term until 2040 (if all options are secured),
  • 52 managed apartments – growth potential
  • Managers apartment, office & carpark
  • Working owners expected to earn c$277,000 per year

This is a great opportunity for a couple who have relevant experience managing owners' apartments and managing the building.

Contact me now to discuss. Link can help you source funding if needed.

Lindsay Sandes, +64 21 895 940, [email protected] 
Links Accommodation Specialist

***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.

#wesellbusinesses #buyajob #accommodation #managementsrights

 

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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Lindsay Sandes Headshot

Business Broker

Auckland - Ellerslie

021 895 940

+64 21 895 940

[email protected]

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.

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