Live Where Others Holiday – Rare Chance to Step into a Proven Business.
After 10 successful years, the current owners are ready to retire, creating an exceptional opportunity for new operators to take over this well-established and highly profitable management rights business in iconic Mount Maunganui.
Wake up to sweeping ocean views and enjoy the perfect balance of lifestyle and income. This business combines a stable revenue stream, flexible working hours, and the unbeatable setting of one of New Zealand’s most sought-after beach destinations.
Key Highlights:
• Motivated vendor keen to retire – smooth transition assured
• Premium beachfront location in Mount Maunganui
• Consistent income: caretaking salary + strong letting commissions
• 15 of 20 stylish apartments currently in the letting pool
• Supportive Body Corporate and long-term agreement in place
• Fully renovated, low-maintenance complex
• Freehold 2-bedroom, 2-bathroom manager’s apartment with ocean views
• Net profit circa $250,000 (FY2024)
This business has been run with care and efficiency by the current owners, making it ideal for a couple or individual seeking a lifestyle change without sacrificing income. With further upside through social media marketing and growing the letting pool, this is an excellent opportunity in a premium location - ready for its next chapter.
Act now - opportunities like this are rarely available and highly sought after.
Asking Price: $1,100,000 (Business) + $1,660,000 (Manager’s Apartment)
Must be sold as a package.
If you are interested and would like more information about this business, please visit the Barker Business Brokerage website, search reference number 3826 and submit the online Confidentiality Agreement. Once Krishna receives your expression of interest he will be in touch regarding further information about this opportunity.
*Source of information - Supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2025.
Property Code: 3826
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