REAL ESTATE

Auckland Management Rights for Sale – Waiheke Island world class beachfront location

Thursday 4 September 2014, 1:01PM
By Tom Crawford-Tourism Properties.com
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“Live the lifestyle while generating handsome profits” says Tom Crawford of Tourism Properties the business broker handling the sale.


This 11 year old, low maintenance complex is in pristine condition and includes 32 privately owned luxury apartments consisting of Penthouses, Beachfront Villas, three, two and one bedroom apartments. The Management Rights currently has 17 apartments in the rental pool with casual letting arrangements on others. This complex is designated by resource consent as “visitor accommodation only” and there are no permanent residents apart from the onsite Manager.


The business has a salaried Body Corporate Management role which includes a lovely private unfurnished two bedroom apartment as part of the package. This thoughtfully designed single level dwelling consists of both owners’ accommodation and supporting complex facilities including car park. The owner’s accommodation is modern, comfortable and private. The lounge and outdoor are well positioned for afternoon sun with an added bonus of some sea views. Positioned adjacent to the main office entrance, it offers easy access for to check in guests.


Crawford goes onto say “The current owners have been successful in their desire to establish ‘The Sands’ as a highly profitable business but now have a new exciting opportunity to move onto so get in now for peak summer profits”   The new owners will have a unique opportunity to continue the momentum. There are opportunities to open up new business streams to further grow and develop the business. This is a true lifestyle opportunity as there is still plenty of time for beach walking, surfing, swimming, fishing and golf which are all close by.
Tom Crawford
021 278 9200
tom.crawford@tourismproperties.com