Management Rights for Sale – Waipu Cove

$1,490,000

891 Cove Road, Waipu 0582, New Zealand -36.0292026
4
3
1
208 squares
Mls# JRE685136

Management Rights for Sale - Waipu Cove

Management Rights Business - $695,000
Managers Spacious Apartment - $795,000

Fabulous opportunity to purchase a business and home in the very popular eastern Northland beach of Waipu Cove, Bream Bay. A small slice of pacific paradise.

Waipu Cove is situated 90 minutes North of Auckland and 40 minutes south of Whangarei. The property has direct rear access to the Beach and the business can be managed by a single person or couple which could increase the business income. There is also sufficient income to employ a manager.

Business:

  • Exclusive letting rights to 12 apartments comprising of studio, 1, 2 and 3 bedrooms
  • Management agreement in place with a 10 x 10 right of renewal
  • The Resort features a heated swimming pool, spa pool, guest laundry and BBQ areas set in tropical gardens
  • It also has opportunity to purchase apartments as they come up for sale to increase the investment

Furnished apartment:

  • 208 sqm
  • 4 x bedrooms – 1 inclusive of walk-in wardrobe/Ensuite
  • 1 x bathroom w/ Spa Bath
  • Large office
  • 3rd Floor Room (23 sqm) with a sea view glimpse
  • Back Office Entry/Storage inclusive of a 3rd bathroom
  • Spacious decks (65 sqm) East North West Facing
  • Garage/workshop (36m2)

List of furniture available on request

Viewing by appointment only.

Call Jenny now on 021 455 421 or email jenny@jenzrealestate.co.nz

Agent Details

Jenny Blain

  • 021 455 421

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