Stunning Mt Maunganui Management Rights with Freehold ApartmentListing: #HC00133
About this Business for sale in Mount MaunganuiStunning Mt Maunganui Management Rights with Freehold Apartment
Not to be missed – high quality, very lucrative Mt Maunganui accommodation business!
- $270,000+ net profit – and still growing!!
- 25% Return on Investment!!
- FREEHOLD 2 bedroom/2 bathroom apartment with 3 carparks!!
- Large letting pool numbers
Top quality apartment complex located in the heart of the mount with a 1-minute stroll to the beach, offers a fantastic lifestyle with an equally fantastic income!
Known as New Zealand’s Gold Coast Mount Maunganui is a 365 day a year destination – within an easy 3 hours from 1/3rd of NZ population, with the cafes and restaurants, the iconic golden sands of the near-by beaches and a vibrancy which attracts visitors from far and wide.
**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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*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.