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Management Rights Business, Mount Maunganui

Management Rights

ActivePropertyBay of PlentyB2C
Asking price
Price by Negotiation
Disclosed · NZD
Revenue
EBITDA
Implied multiple
n/a
Price includes the property
Brief
  • Management rights business with a long-term management agreement and 25 of 42 units currently in the letting pool.
  • Includes ownership interest in key real estate assets by way of two separate unit titles.
  • Located approximately 200 metres from the beach in Mount Maunganui.
  • Comes with a two-bedroom manager's unit and the unit title of the reception, office and laundry.
  • Further opportunities exist to add more units to the letting pool over time.
  • Tauranga and Mount Maunganui benefit from strong corporate trade, high weekend occupancy and a vibrant tourism sector.