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, no capital investment required.
2. Affordable entry described, suitable for buyers seeking owner operator income without property purchase.
3. Complex comprises 68 apartments, providing a sizeable management portfolio.
4. 18 apartments currently in the letting pool, offering immediate rental income streams.
5. Positioned on Auckland City fringe, delivering city access with suburban lifestyle benefits.
6. Within walking distance of St Lukes Shopping Centre and Eden Park, enhancing tenant appeal and convenience.
7. Close to Kingsland and Morningside shops, cafes and restaurants, supporting strong tenant demand and lifestyle marketing.
8. Opportunity for new managers to add value through attention to detail and improved Body Corporate relations.
9. Described as easy to manage, suitable for a couple seeking lifestyle plus income.
10. Further information via a downloadable Information Memorandum at coffeys.co.nz, with some details subject to confidentiality and requiring a confidentiality agreement; enquiries directed to Chris Wong.
