Under Contract

Building & Prop Mgmt - Stable Income Combo

$331,107

Looking for a more secure income stream that can weather the storms of economic change? Then this business duo might be for you.

Maybe your partner works but you want to run your own business from home. Free accommodation and a steady income stream would definitely help while you grow your Property Management business.

Tried to run a motel business unsuccessfully due to the long unrewarding hours? Building Management could be a perfect fit with more flexibility and a better return for your effort.

Due for retirement?  You don’t want to stop working entirely but a business with part time hours, social connection and responsibility with respect could be just your cup of tea.

The site you would be the Building Manager for is comprised of 69 apartments and nine retail outlets. Located close to Auckland University and AUT, Auckland Hospital, the CBD, restaurants and bars with major arterial public transport right at your door. Included in the Building Management contract is a one-bedroom apartment plus one covered carpark and an external basement office, offering ready access to everything Auckland has to offer.

A Property Management business is included in the sale. The total combined package is $95,563 due to increase to $110,369 in October this year once remediation has been completed. There is also ample opportunity to grow the size of your Property Management business due to the prime location of this complex.

This great opportunity offers the fortunate new owner flexible working hours, guaranteed income, free accommodation with option to upgrade, a separately located office and a Property Management business to grow. What about the hand-over? The existing Management couple are more than happy to help you through the transition with over 13 years of experience up their sleeves and a great working relationship with the Body Corporate Chairman and Committee.

So, what are you waiting for?

Asking Price: $331,107

To find out more information, visit www.barkerbusiness.co.nz/BBS2660, register your details and submit the online Confidentiality Agreement. Once Sean receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2020.

Details

Region Auckland
Price $331,107
Business ID BBS2660
Category Professional

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