Belvedere Apartments in Wanaka, New Zealand offers a small manageable operation which includes Management Rights and the real estate of a managers apartment and reception.
If living in wonderful Wanaka is important or just appealing to you, then look no further.
"Here we have a small manageable operation which includes Management Rights and the real estate of a managers apartment and reception," says brokering agent Simon Haslett of Resort Brokers New Zealand.
"Wanaka is truly on the map and there is no secret that this is highly desirable for international and domestic visitors alike. With Queenstown international airport ever expanding all this translates into excellent occupancy and room rates for letting pool for investors and your business."
"This business can be easily managed and adding more apartments to the letting pool is entirely up to you."
Note for sale is the management rights business, managers apartment and reception.
"Potential buyers should review an Australian summary of management rights by clicking on the reference below which is a historic and dated document but sets out the salient issues around management right ownership and operation. Much of the content is relevant to the New Zealand situation."
Click here to visit the Resort Brokers website to view and download the management rights summary.
"There have been recent legal decisions with regards to the status of some of the provisions commonly found in management rights contracts in New Zealand. We recommend that all potential buyers of Management Rights seek legal advice", concludes Haslett.
Click here to view the property listing on the Resort Brokers New Zealand website.
To discuss the sale in further detail contact Simon Haslett of Resort Brokers New Zealand.
See also:
Two of the largest NZ Management Right transactions of 2017