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Property Ref: 16744

The Terraces Management Rights in Mt Maunganui for sale

Property Type: Management Rights

Sale Type: Management Rights

Region: Bay of Plenty

Physical Address: 342-346 Oceanbeach Rd, Mt Maunganui

Price: Freehold Apartment and Management Rights: $995,000 (+GST if any)

Broker: Malcolm Teesdale

Mobile: +64 27 530 8738

Email: malcolm@tourismproperties.com

A rare opportunity has arisen in popular Mt Manganui!

The Terraces at Ocean Beach offers up-market apartment accommodation in New Zealand’s premier playground. The 120m2 apartments are just a quick stroll from the famous beach and handy to all facilities. The apartments have been fully refurbished inside and out.

The Management Rights offer an excellent opportunity in a role ideal for a management couple who occupy their freehold 2 brm/office/laundry apartment within the complex.

  • Exclusive letting rights
  • Managers’ salary
  • Commission income
  • Huge growth potential
  • 10 year rights from 2013 with 10-year rolling rights of renewal
  • Full financial disclosure available to qualified enquirers

$995,000 (+GST if any) buys your own freehold apartment and the opportunity to earn substantial income.  This is a business with excellent potential plus a great lifestyle.

Enquire now for full information and to arrange your personal inspection.

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Terraces Management Agreement

Terraces Letting Agreement

Terraces Trading Accounts

Terraces Site Plan

Terraces Title Apartment 23

Unit 23 Pre-Contract Disclosure

Property Details

Property Type

Management Rights

Sale Type

Management Rights

Region

Bay of Plenty

Physical Address

342-346 Oceanbeach Rd, Mt Maunganui

Price

Freehold Apartment and Management Rights: $995,000 (+GST if any)

Contact Agents

Malcom Teesdale - Tourism Properties Business Broker

Malcolm Teesdale

Tourism & Hospitality Business Broker
Waikato, Taupo, Central Plateau & Bay of Plenty
International: +64 27 530 8738
NZ Mobile: 027 530 8738

Email: malcolm@tourismproperties.com

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