This Auckland accommodation business is located at an enviable address. Accommodation demand within Auckland is strong, providing confidence for business purchasers within the accommodation sector.
Business Benefits:
* Immediate positive cash flow
* Financial performance supports the asking price
* Six-figure annual surplus plus benefit of apartment and office
* No working capital requirements
* Body Corporate pays for and provides a managers apartment onsite, recently refurbished
* Lengthy tenure remains on the MRA
The Apartment Complex
Within this multi-storey complex most apartments have an abundance of natural sunlight, some have views across Auckland city and harbour, and the apartment complex is perfectly positioned being a short distance to restaurants, Queen Street retail, Event cinema, universities and motorway access. The address is also zoned for Auckland Grammar.
Tenanting these well-appointed apartments on freehold land isn't challenging and tenant demand coupled with superb rents presents the next business owner a readymade business with significant profits.
Sale price $951,000
To find out more, go to linkbusiness.co.nz/EL01254 and press the "Enquire Now" button to complete an online confidentiality agreement.
Lindsay Sandes, 021 895 940, [email protected]
***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.
#accommodation #management #auckland
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Ref: EL01254
Timestamp: 20211022110108
