Auckland, North Island
Affordable Management Rights No Capital Investment
Management Rights $350,000
Business Description
A rare opportunity presents itself to acquire this Management Rights business in Auckland City's fringe.
The complex has 68 apartments with 18 apartments in the letting pool, this opportunity is ideal for a couple looking for a lifestyle with income without the cost of capital investment in real estate.
Within walking distance of St Lukes Shopping Centre, Eden Park, and the popular shops, cafes, and restaurants of Kingsland and Morningside, this opportunity offers a prime city-fringe location with strong tenant demand, lifestyle appeal, and easy management.
Stamp your mark on this complex and impress the apartment owners and Body Corp with your attention to detail and reap the rewards this opportunity offers.
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 via this website or direct to CHRIS WONG.
Business Summary
Complex Information
Complex Type: Management Rights
Key Investment Insights
1. Management Rights business for sale, located on Auckland City fringe.
2. No capital investment in real estate required, business-only acquisition.
3. 68 apartments in the complex, providing scale and recurring management work.
4. 18 apartments in the letting pool, approximately 26 percent of total stock, offering immediate rental income.
5. Positioned within walking distance of St Lukes Shopping Centre and Eden Park, enhancing tenant appeal.
6. Close to Kingsland and Morningside shops, cafes and restaurants, supporting strong tenant demand and lifestyle attraction.
7. Marketed as an ideal opportunity for a couple seeking lifestyle plus income, implying manageable operational workload.
8. Seller highlights potential to improve presentation and service, allowing new operator to add value and win owner and Body Corporate support.
9. Described as easy management, indicating operational simplicity or efficient existing systems.
10. Information Memorandum available with additional details; some listing information is confidential and requires a confidentiality agreement, contact via Chris Wong.
