Management Rights, Auckland City Fringe

Management Rights, Auckland City Fringe — Hospitality & Tourism · Auckland City · Asking $350,000

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…

DealProspect/Listings/Hospitality & Tourism

Management Rights, Auckland City Fringe

Management Rights

ActiveHospitality & TourismAucklandB2C

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Asking price

$350,000

Disclosed · NZD

Revenue

—

Earnings (est.)

~$82,789

Estimated · comparable listings of this type and size · typically within ±25%

Typical multiple

~4.2×

comparable listings of this type and size · typically within ±25%

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

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