Link Business
*** SOLD ***

Supreme Mount Maunganui Management Rights Business

Listing: #HC00016

Gordon Fridge

Broker | Hawke's Bay & Central Plateau

Gordon Fridge

gordon.fridge@linkbusiness.co.nz

0800 327 827

+64 22 156 9330

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Bay of Plenty

Supreme Mount Maunganui Management Rights Business

The Reef Beachfront Apartments is a fabulous management rights accommodation complex situated across the road from the white sand beach on Mount Maunganui’s Marine Parade. All guests are welcomed with captivating sea views, spacious and high-end apartments. Make no mistake, this complex oozes class!!

Key Features

  • Supremely located in very desirable Mount Maunganui
  • A quality complex offering huge mouth-watering profitability
  • Exceptional Management Salary
  • 30 apartment complex with healthy numbers in the Letting Pool
  • Enjoy the security of holiday letting zoning

Letting Pool Apartments & Configuration

Guests have a selection of high quality two or three bedroom apartments - these are family sized apartments with full kitchens, open plan lounge/ dining areas with large balconies to enjoy either the luxurious sea or poolside views. All apartments come complete with private, undercover & secure parking.

The Business

The Reef business without a doubt is one of the very best. The existing owners have been in place for a number of years, in this time they have established a business showing the type of profitability that is seldom seen in the industry. Commanding tariffs, excellent occupancy figures, strong repeat clientele numbers are a day to day norm at the Reef Apartments!!

** This is for the sale of the business only.

 

Call us today to arrange an inspection!

Hawke's Bay & Central Plateau
gordon.fridge@linkbusiness.co.nz
0800 327 827
+64 22 156 9330

Gordon Fridge

Enquire Now
This listing is no longer taking enquiries as it is SOLD
Hawke's Bay & Central Plateau
ross.candy@linkbusiness.co.nz
0800 327 827
+6427 223 3696

Ross Candy

*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.