Overseas owners say “must sell” Auckland Residential Management Rights
The Ridge Apartments and The Masons Apartments at Albany are two profitable residential management rights being offered for sale as one business.
The apartment complexes are approximately 500 metres apart and very easy to manage with long term tenancies. All the apartments are 2 bedroom one bathroom with their own car park.
The Ridge has 96 apartments and Masons has 72 apartments and at present a total of 94 are under management agreement. There is always the opportunity to grow this profitable business.
Ridge Mason Apartments
handling the sale said “the vendors’ live overseas and are very motivated to sell – this is an excellent investment opportunity which could be run by a manager”
Tom Crawford
Mobile: +64 21 278 9200
Email: tom.crawford@tourismproperties.com
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Tom has an impressive management and marketing background in the tourism and hospitality industry in New Zealand, Australia and Fiji Islands. He has fifteen years of invaluable experience in running his own inbound tour company in Australia. This was followed by eight years of hospitality management and marketing in New Zealand – running mainly boutique hotels, motels, hotels and a 5 star super lodge. With this depth of experience as a tour operator and hospitality manager he knows what makes a property “hot” and is happy to share this knowledge with you.
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