Reduced Price + Motivated Vendor = A Really Great Opportunity!
Now Just $699,000 + GST (If Any)
Here's a real estate rental business that returns a healthy profit, is easy to run & ideally located, a successful business that, given the demand for Auckland accommodation, still has tremendous possibilities for future growth.
This is an opportunity to own an established, profitable, easily-managed property portfolio, with 4 leasehold apartments in the prime location of the luxury Princes Wharf development, in the heart of Auckland's bustling CBD.
Consider what's being offered for sale & you'll readily appreciate the profitable simplicity of this really unique, turn key business operation, ideal either to be run by an owner-operator or, perhaps, given over to an independent property manager. The choice is yours but, whichever you choose, the profits are impressive & the potential for further business development equally so.
Here's what you'll be buying:
*4 fully-furnished LEASEHOLD apartments in the Viaduct area, prime downtown Auckland.
*2 of the apartments are on long-term lets, the other 2 let out short-term using online booking providers.
*An established, in-house rental business generating attractive financial returns.
*A business the current owner spends no more than 20 hours a week managing by himself.
*An easy-to-run, fully-systemised business with a complete operations manual.
*The current owner-operator fully available for the first month to support the new owners as they take over the running of the business.
The current owner/operator began this business venture with no previous experience in this sector. He's justifiably proud of the profitable, streamlined business he's built up but is now looking ahead to his retirement & so wishes to sell his business to someone who can readily appreciate the lucrative opportunity it affords as he did when he first created the business.
Please note, the four apartments & management business, with its systems and goodwill will only be sold together.