12 Maunganui Road, Mount Maunganui, North Island
Beaumont Apartments & Freehold Opportunity
NZD $2,749,000
Business Description
Not to be missed! The Beaumont is one of the most iconic tourism accommodation complexes in the Mount and this lucrative Management Rights business is coupled with a high value apartment, 2 bedroom, 2 bathroom and 3 valuable car parks! These apartments are highly sought-after, and few come to the market. This is without question, a high quality, very lucrative Mt Maunganui tourism accommodation business!
• Huge net profit, and still growing!
• 27% Return on the Business!
• Large letting pool numbers generating an impressive income
• High value FREEHOLD 2-bedroom/2-bathroom apartment with 3 carparks!
Known as New Zealand’s Riviera, Mount Maunganui is a 365 day a year destination – within an easy 3 hours from 1/3rd of NZ population, with the cafes & restaurants, the iconic golden sands of the near-by beaches and a vibrancy which attracts visitors from far and wide, ensuring a consistent, enviable bottom line and lifestyle.
Don’t delay – Call Ross or Gordon now!
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
Business Summary
Key Investment Insights
1. The Beaumont Apartments and Freehold Opportunity is a highly sought-after tourism accommodation complex in Mount Maunganui.
2. The business includes a lucrative Management Rights business, a high value 2-bedroom, 2-bathroom apartment, and 3 valuable car parks.
3. The apartments are in high demand and rarely come on the market.
4. The business has a huge net profit and is still growing.
5. It boasts a 27% return on the business.
6. The large letting pool generates an impressive income.
7. The freehold apartment is a valuable asset and includes 3 car parks.
8. Mount Maunganui is known as New Zealand's Riviera and is a popular destination year-round.
9. The location is within an easy 3-hour drive from 1/3 of New Zealand's population.
10. The area offers a vibrant atmosphere with cafes, restaurants, and golden beaches.
11. The consistent flow of visitors ensures a stable and enviable bottom line for the business.
12. The sale of the business will require a confidentiality agreement to be signed.
13. A stock photo may be used to represent the business due to its confidentiality.
14. The business includes a manager's unit.
15. The complex has a range of amenities and facilities.