Supreme Mount Maunganui Management Rights BusinessListing: #HC00016
About this Business for sale in Bay of PlentySupreme 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!!
- 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 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!
0800 327 827
+64 22 156 9330
*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.