Business now $895,000 (was $1.1M)
Manager’s Freehold Apartment now $1.6M (was $1.66M)
Package only (Business + Property)
Live where others holiday and step into a proven management rights operation in one of New Zealand’s most iconic coastal locations, Mount Maunganui. After 10 successful years, the current owners are motivated to move into retirement and have adjusted pricing to match today’s market. Enjoy ocean views, flexible working hours, and a well-established, low-maintenance complex that has been efficiently operated and carefully maintained.
Key Highlights
• Major price reduction to meet market reality
• Business: $895,000 (previously $1.1M)
• Manager’s Apartment: $1.6M (previously $1.66M)
• Sold as a package only (Business + Property)
• Absolute beachfront position in a premium Mount Maunganui location
• Reliable income mix: caretaking salary plus letting commissions
• 15 of 20 apartments currently in the letting pool
• Supportive Body Corporate with secure, long-term agreements
• Fully renovated, low-maintenance complex
• Freehold 2-bedroom, 2-bathroom manager’s residence with spectacular ocean views
• Consistent earnings: approx. $250,000 average net profit over 9 years, with a temporary dip to $215,000 in FY25 and early signs pointing to a stronger FY26 season
This opportunity suits a couple or individual seeking a genuine lifestyle change with strong returns and upside through improved marketing activity and potential expansion of the letting pool.
Act Now – Rare Value in a Blue-Chip Beachfront Location
Contact us today to request further information and take the next step toward securing this exceptional lifestyle and business opportunity by visiting the Barker Business 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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