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 19 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, cafés, 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. No capital investment required, offering management rights income without purchasing the real estate.
2. 68-apartment complex with 19 apartments in the letting pool, providing an immediate revenue stream from rentals.
3. Suitable for a couple seeking a lifestyle business, combining income with manageable operational scope.
4. Prime city-fringe location in Auckland, within walking distance of St Lukes Shopping Centre and Eden Park, enhancing appeal to tenants and guests.
5. Close proximity to Kingsland and Morningside shops, cafés, and restaurants, supporting tenant demand and short-stay attractiveness.
6. Described as an easy-to-manage opportunity, indicating operational simplicity and potential for efficient day-to-day running.
7. Opportunity to add value by improving presentation and owner/Body Corporate relations, implying upside through hands-on management.
8. Strong tenant demand cited, reducing vacancy risk and supporting ongoing income stability.
9. Information Memorandum available from coffeys.co.nz, providing a pathway to detailed financial and operational data.
10. Some listing details are confidential and require a signed confidentiality agreement for full disclosure, indicating sensitive financials or contracts.
11. Direct enquiries invited to Chris Wong, facilitating a specific contact for negotiation and due diligence.
12. Listed explicitly as a Management Rights complex, clarifying the business model and regulatory framework.
