Central Auckland Management Rights

$1,125,000Auckland CityListing: #EL00603

Auckland City  


Refer to Broker

About this business for sale

Central 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.

Reference: EL00603

Auckland - Ellerslie
+64 9 555 6003
+64 21 895 940

Lindsay Sandes

*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.