Auckland, North Island
Central Auckland MR - Price Reduced to Meet Market
Management Rights Now $585,000 Was $650,000
Business Description
28 apartments in the current letting pool, a generous Body Corp package and income awaits a new owner.
Walking distance to Eden Park and across from Kingsland Train Station, this Management Rights business would ideally suit an individual or a couple looking for a lifestyle/income balance in Auckland city.
An Information Memorandum is available to download from our website coffeys.co.nz.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.
We would welcome your enquiry on the sale of this Management Rights business for sale in Auckland City via this website or direct to CHRIS WONG.
Business Summary
Complex Information
Complex Type: Management Rights
Key Investment Insights
1. Price recently reduced to meet market, indicating seller motivation and potential value for buyers.
2. Business is a Management Rights agreement, providing contracted recurring income streams.
3. 28 apartments currently in the letting pool, representing immediate revenue and scale for operations.
4. Includes a generous Body Corp package, implying substantial ongoing management fees and responsibilities.
5. Located in central Auckland, within walking distance to Eden Park, offering event-driven occupancy demand.
6. Positioned directly across from Kingsland Train Station, providing strong public transport access for tenants and managers.
7. Described as well suited to an individual or couple, signalling owner-operator suitability and manageable staffing needs.
8. Immediate income awaits a new owner, suggesting no lengthy ramp-up period for cashflow.
9. Some listing details are confidential and require a signed confidentiality agreement via the Information Memorandum, indicating sensitive contractual or financial information.
10. Information Memorandum is available for download from coffeys.co.nz, facilitating due diligence.
11. Primary contact for enquiries is Chris Wong, providing a direct point of communication for prospective buyers.
