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Management Rights, Auckland City Fringe

Management Rights

ActivePropertyAucklandB2C
Asking price
$350,000
Disclosed · NZD
Revenue
Earnings (est.)
~$110,882
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.2×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Management rights business covering a complex of 68 apartments on Auckland's city fringe, with 19 apartments in the letting pool
  • No capital investment in real estate is required, so the entry cost is limited to the rights themselves
  • Within walking distance of St Lukes Shopping Centre, Eden Park, and the shops, cafes and restaurants of Kingsland and Morningside
  • Prime city-fringe location with strong tenant demand and lifestyle appeal
  • Straightforward to manage, suiting a couple looking for income alongside lifestyle