Premium Management Rights Business – Auckland CBD

Seize the opportunity to acquire a well-established 66 Keys, management rights business situated in the heart of Auckland's Central Business District. This premium apartment complex comprises 134 residential units, many offering breathtaking views of the city skyline and harbour.

Residents benefit from top-tier amenities, including a swimming pool, tennis court, and a gym facility, enhancing the property's appeal to both long-term tenants and short-term corporate clients.

Key Features:

• Prime Location: Situated in Auckland's vibrant CBD, ensuring consistent demand from both long-term residents and short-term corporate tenants.
• Stable Income: The management rights offer a reliable revenue stream with low operational costs, underpinned by a long-term agreement extending to December 2044.
• Maintainable profits. $300,000. The current owners have consistently maintained profits in $300,000++ bracket since purchase
• Manager's Benefits: As well as profits, the manager has additional benefits. Includes a spacious two-bedroom apartment with stunning views, a fully self-contained management office, and a secure car park. The corporate owner contributes c$65,000 annually towards the manager's accommodation and office – a significant benefit!
• Growth Potential: Opportunity to expand the 66 key letting pool and increase profitability through proactive management and marketing strategies.

Asking $1,050,000 – live in the city and bank the benefit!

This opportunity is perfect for individuals or couples with experience in property management or hospitality, seeking a lifestyle business in a prime CBD location. The role offers both a comfortable residence and a profitable enterprise in one of New Zealand's most dynamic cities.

Lindsay Sandes, 021 895 940, [email protected]

***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.

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