Central Auckland Management Rights
Refer to Broker
About this business for saleCentral Auckland Management Rights
If you wish to live and work in vibrant central Auckland this opportunity must be considered. This management right is a long term, residential apartment management right business that attracts a body corporate salary and letting income. The business attracts a significant annual surplus (income) from the business activity. Up-scaling the business in this area exists for good managers and operators.
The purchase includes an owners two bedroom apartment and car park, however there is no requirement to live on site and if this option was taken up, good letting fees are available from the apartment.
Call the sole agent Lindsay Sandes 021 895 940
Asking $1,125,000 for the real estate and management right business.
+64 9 555 6003
+64 21 895 940
*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.