Key Investment Insights
AI generated. Confirm details with the seller.
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.
