4 Marine Parade, Mt Maunganui, North Island
Absolute Beachfront Management Rights Opportunity - Pavilion Apartments, Mount Maunganui
NZD $2,690,000
Business Description
Discover a rare gem in New Zealand's premier holiday destination! Pavilion Apartments Mount Maunganui presents an unparalleled opportunity to own a thriving Management Rights Business in one of the country's most sought-after locations[1][3].
Property Highlights
- Prime beachfront location on Mount Maunganui's main beach
- 15 self-contained apartments (1, 2, and 3 bedrooms) in the letting pool
- FREEHOLD 2-bedroom, 2-bathroom ground-floor owner's apartment
- Spectacular ocean views and direct beach access
- Recently refurbished complex with modern amenities
Lifestyle and Income
- Lucrative management rights business with excellent income potential
- $30,000+ annual Body Corporate salary
- Significant repeat business reducing booking commissions
- 16-year management rights term remaining (expiring 2040)
Owner's Apartment
Indulge in beachfront living with your spacious, private FREEHOLD apartment featuring:
- 2 bedrooms and 2 bathrooms
- Open plan living, dining, and kitchen area
- Large ground-floor patio with stunning ocean views
Prime Location
Situated in the heart of Mount Maunganui, mere steps away from:
- Glorious beaches and Mt Mauao walking tracks
- Hot water pools and surf club
- Vibrant cafes, restaurants, and boutique shops
- World-class surfing, fishing, and water activities
Recently Upgraded Complex
Enjoy peace of mind with recent extensive refurbishments, including:
- Full reclad and new roof
- Double glazing and new decks
- New lift and balustrades
- Refurbished lobby and foyer areas
This turn-key operation offers a perfect blend of lifestyle and income in one of New Zealand's most desirable locations. Don't miss this chance to own a piece of paradise and run a highly profitable business simultaneously[3][6].
Price: NZ$2,690,000 (Management Rights + Freehold Apartment)
Seize this extraordinary opportunity today! Contact us now to arrange a private viewing and start living your dream at Mount Maunganui.
Business Summary
Key Investment Insights
1. Prime beachfront location on Mount Maunganui's main beach
2. 15 self-contained apartments (1, 2, and 3 bedrooms) in the letting pool
3. Freehold 2-bedroom, 2-bathroom ground-floor owner's apartment
4. Spectacular ocean views and direct beach access
5. Recently refurbished complex with modern amenities
6. Lucrative management rights business with excellent income potential
7. $30,000+ annual Body Corporate salary
8. Significant repeat business reducing booking commissions
9. 16-year management rights term remaining (expiring 2040)
10. Spacious, private FREEHOLD apartment with 2 bedrooms and 2 bathrooms
11. Open plan living, dining, and kitchen area
12. Large ground-floor patio with stunning ocean views
13. Situated in the heart of Mount Maunganui, steps away from beaches, walking tracks, hot water pools, surf club, cafes, restaurants, and boutique shops
14. World-class surfing, fishing, and water activities in the area
15. Recent extensive refurbishments including reclad, new roof, double glazing, new decks, lift, balustrades, and lobby/foyer areas
16. Perfect blend of lifestyle and income in one of New Zealand's most desirable locations
17. Turn-key operation with a highly profitable business opportunity
18. Price includes management rights and freehold apartment
19. Private viewing can be arranged for interested buyers
20. Opportunity to live and work in a beautiful beachfront location.
