Looking for your step into a thrivingaccommodationManagement Rightbusiness located in the heart of Auckland city?The Statesmanis a premium apartment building in the Auckland apartment scene.
Strategically located in CBD Auckland, on a prime corner site overlookingthe city and the harbour, the Statesman is a ManagementRightand apartment rental business. The predictable income stream from ongoing management of the building ensuresstability,while thescalabilityof managing apartments provides room forfuture growth.
This isan idealbalance between a rewarding financial investment and a flexible lifestyle.
With229 sleekandmodern apartments, a gym, generous car parking spaces, spa pool and lap pool,the rentalbusinessattractsprofessionalandcorporate residents and has earned anexceptional reputationfor itshigh-qualityservices,and retention oflong-term tenants.The management right relates to managing the building,
Highlights include:
* Prime location with stunning views of both Auckland city and the harbour
* Corporate and professional tenants
* 229 Apartments with three parking levels &134 parks
* Management rightterm until 2040 (if all options are secured),
* 52 managed apartments -growth potential
* Managers apartment,office & carpark
* Working owners expected to earn c$277,000 per year
This is agreat opportunityfor a couple who haverelevant experiencemanaging owners' apartments and managing the building.
Contact me now to discuss. Linkcan help you source funding if needed.
Lindsay Sandes, +64 21 895 940, [email protected] Accommodation Specialist
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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Ref: EL04657
Timestamp: 20241017094503